Building trust and credibility is key to Việt Nam’s efforts to launch digital asset exchanges — a move that could transform its currently fragmented trading landscape into a globally competitive financial hub.
In a landmark move for Việt Nam’s digital economy, South Korea’s top cryptocurrency exchange operator, Dunamu, has teamed up with Military Commercial Joint Stock Bank (MB) to launch the country’s first locally operated digital asset trading platform
In Việt Nam, while digital assets were initially recognised in the legal framework, the State Bank of Vietnam has not yet accepted virtual currencies as legal tender.
The State Securities Commission of Việt Nam (SSC) and Monetary Authority of Singapore (MAS) have announced a partnership aimed at enhancing the integrity and stability of their capital markets.
The Vietnamese Ministry of Finance is preparing a proposal to pilot a digital currency exchange, Deputy Finance Minister Nguyễn Đức Chi announced at the government’s regular press conference on March 5.
That China officially tested its sovereign digital currency has raised the issue that Viet Nam needs to research on cryptocurrencies in the context of international integration.
The world was astonished when Facebook in June announced its future launch of its digital currency Libra, a blockchain-based token that is designed to let you make instant transfers via Facebook’s services like Messenger, WhatsApp and Instagram.