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Vietnam starts regulating crypto

Vietnam starts regulating crypto

This week, the Vietnamese authorities began to create a regulatory framework for regulating crypto. Next week, the ministry should determine a list of those documents that require edits to regulate crypto assets. In 2017, Vietnam banned utilizing digital coins as legal tender. Now the country is taking the first step toward a new way of regulating virtual assets. At the moment, the authorities are managing the risks, and a specific strategy has not been selected. It is allowed to engage in crypto trading and store these currencies within the country.

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