The resolution stipulates that organisations and individuals participating in the market must comply with relevant laws on anti-money laundering, counter-terrorism financing, and the non-proliferation of weapons of mass destruction.

The government's direction to link the issuance of tokenized assets with real-world assets (RWA) is seen as a necessary and cautious step to mitigate risks from “junk tokens.”

Experts emphasised that the diversification of cross-border payment channels, especially blockchain and stablecoins, offers Vietnam an opportunity to improve transparency and efficiency.

The gallery, a fusion of technology and art, where “dry lines of code are elevated into emotions”, traces the history of blockchain, from its nascent stages to global surge, encompassing bitcoin and the broader universe of digital assets.

The Vietnam Blockchain and Digital Asset Association (VBA), KuCoin Group, and 1Matrix Company signed a strategic MoU to boost blockchain infrastructure, expand digital asset use, and drive Vietnam’s digital economy.

Vietnam has taken a major step towards transforming digital assets into real economic value with the passage of the Law on Digital Technology Industry at the 9th session of the 15th National Assembly.

Thailand lets travelers spend crypto nationwide. Vietnam is next in line with a legal pilot for digital asset exchanges.

Vietnam is no longer just an emerging blockchain market, it is stepping into a leadership role, with global investors, developers, and experts recognising its growing potential to become a leading hub for digital assets in the region.

As digital assets become increasingly popular in Vietnam, experts are calling for the urgent creation of a legal framework to protect users, manage risks, and boost state budget revenues.

Vietnam's embrace of digital assets is accelerating, drawing investment giants as the country prepares for a legal framework supporting tokenized markets.

Legal recognition of digital assets marks pivotal moment for Vietnam’s fintech future.

According to experts, even real estate and gold fluctuate unpredictably. Accepting digital assets as collateral could expose banks to major risks when asset values plummet.

The Ministry of Finance drafts a resolution to pilot digital asset issuance and trading, aiming to balance innovation with risk management.

Experts urge Vietnam to launch a central bank digital currency (CBDC) to regulate digital transactions and integrate with global cryptocurrencies. A legal framework is also under development to govern digital assets.

The Ministry of Finance is finalizing a pilot resolution to govern virtual and crypto assets in Vietnam, expected by mid-March.

The Ministry of Planning and Investment also sought comments on a draft resolution of the National Assembly on the building of a regional and international financial centre in Việt Nam

The development of legal frameworks for virtual and digital assets has become a pressing topic in the legislative work of various ministries and agencies.