Three Vietnamese banks have submitted applications to operate cryptocurrency exchanges, signaling a potential shift in the country's regulatory stance towards digital assets. This move could pave the way for increased crypto adoption in Vietnam, pending regulatory approval. Meanwhile, in South Korea, lawmakers are advocating for the repeal of a proposed 22% tax on cryptocurrency gains. The tax, initially set to be implemented in 2022, has faced significant opposition from both the public and industry stakeholders, prompting legislative efforts to overturn it.