Just-In: Vietnam Starts Developing Legal Framework For Cryptocurrencies

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Vietnam Deputy Prime Minister Le Minh Khai in an official notice to the Ministry of Finance; Ministry of Justice, Information & Communications; and the State Bank of Vietnam issued guidelines for developing a legal framework on virtual assets and cryptocurrency. ASEAN countries including Vietnam are accelerating toward building a digital economy as it continues to deepen research on the impact of crypto.
Vietnam Prepares Legal Framework For Virtual Assets And Cryptocurrency
Crypto reporter Colin Wu announces in a tweet on Tuesday regarding a further push from the Vietnamese government for developments in the field of virtual assets and virtual currency.
Under the notice, the Ministry of Finance has been assigned the major responsibility of spearheading research for building a legal framework for cryptocurrencies. The Finance Ministry will identify legal documents that need to be amended, supplemented, and promulgated for further advancing the adoption approach.
The Ministry of Fina

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