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Bitcoin.com News|Mar 03, 2025 05:32
Vietnam 🇻🇳 is taking a big step toward crypto regulation.
PM Pham Minh Chinh has ordered the Ministry of Finance & the State Bank to draft rules for digital assets, with a proposal expected in March. This comes as Vietnam pushes for 8% economic growth in 2025.
Despite lacking a legal framework, Vietnam is already a global leader in crypto ownership. A 2024 report ranks the country among the top adopters, increasing calls for regulation.
At the same time, the central bank is working to stabilize interest rates, exchange rates, and credit growth while ensuring fair competition among financial institutions.
With clear regulations on the way, will Vietnam become a key player in the digital asset space?
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