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Vietnam’s Crypto Revolution: Legal Framework Incoming!

  • Vietnam’s Prime Minister Pham Minh Chinh demands a legal framework for cryptocurrencies within the month.
  • The Ministry of Finance will lead the initiative to define and regulate digital assets like Bitcoin and Ethereum.
  • Vietnam aims to establish a comprehensive legal framework for crypto regulation by May 2025.
  • The Vietnamese central bank will oversee the implementation of crypto regulation to prevent illegal use and promote a secure environment for cryptocurrencies.

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