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Unlicensed crypto platforms exploit students and young investors in Vietnam
The Vietnam Blockchain Association has raised alarms about unlicensed cryptocurrency projects like CrossFi, MinePlex, and BOM Network, which allegedly exploit influential figures to attract investments.
Vietnam capable of exporting blockchain workers to other countries
Experts, including Vitalik Buterin, believe that Vietnam can take full advantage of its ICT human resources to develop the blockchain industry.
Vietnamese earn $1.2 billion profit from cryptocurrency trade: report
Vietnamese crypto players earned $1.18 billion in 2023 from Bitcoin and other cryptocurrencies, the third highest level after the US and the UK, according to a report from Chainalysis, a New York-based blockchain data analysis firm.
Vietnam ranks third in crypto gains in 2023: US analysis firm
Vietnam was the third largest cryptocurrency gainer in the world in 2023, only after the U.S. and UK, with nearly 1.2 billion USD, according to U.S. blockchain analysis firm Chainalysis.
Legal framework for crypto assets to be finalised next year
The Government has assigned the Ministry of Finance to research and develop a legal framework to ban or regulate crypto assets in May 2025 with an aim to combat money laundering.
