<ul><li>Vietnam's Prime Minister has ordered the Ministry of Finance and the State Bank of Vietnam to create a legal framework for managing cryptocurrencies.</li><li>The finance ministry will lead the efforts in establishing regulatory measures for digital assets, as they are currently undefined under existing laws.</li><li>The absence of a clear legal framework has led many businesses to register abroad, resulting in lost tax revenue and a weakened domestic market.</li><li>Vietnam aims to finalize policies governing digital assets by the second quarter of this year.</li></ul>

Vietnam PM Directs Finance Ministry, Central Bank to Draft Crypto Framework

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