Vietnam launches 5-year crypto market pilot with strict controls
Vietnam, ranked among the top countries worldwide for cryptocurrency adoption, is launching a five-year pilot program introducing strict requirements for the crypto industry. Vietnam’s Deputy Prime Minister Ho Duc Phoc signed a resolution enforcing a framework establishing rules for trading and issuance of crypto assets, the Government Electronic Newspaper of Vietnam reported on Tuesday. Taking effect immediately, the pilot requires crypto transactions — from issuance to trading and payments — to be carried out in Vietnamese dong. The resolution also specifies that issuers must be Vietnamese enterprises, registered as either limited liability companies or joint stock companies under the Law…





