crypto assets

Update news crypto assets

Part of Vietnam’s blockchain economy is still ‘living overseas’

Vietnam has built world-class blockchain companies that remain highly active. Yet many share the same reality: their operating entities and revenue are based overseas, while their teams in Vietnam function mainly as “engineering hubs.”

VN proposes bringing crypto asset services under anti-money laundering rules

Draft amendments would require crypto asset service providers in Vietnam to comply with anti-money laundering regulations.

What will happen to int’l crypto exchanges after Decree 284 takes effect?

Decree 284, which sets administrative penalties for violations involving crypto assets and the crypto asset market, will take effect on September 1. This is expected to mark the end of unlicensed crypto exchanges operating in Vietnam.

Vietnam tightens crypto trading rules from September 1

Vietnam will begin fining investors who trade through unlicensed crypto platforms from September 1, putting the future of major global exchanges in the country under scrutiny.