Vietnam's current regulatory framework for cryptocurrencies is conservative but supportive, according to Coin98 CEO @imlethanh98. In a recent interview, he noted that Vietnam has identified blockchain as a key technology for the "Fourth Industrial Revolution," with plans to develop it as a core technology from 2025 to 2030. Initially, the government plans to issue only five limited exchange licenses, restrict spot trading, and require all tokens to be priced in Vietnamese Dong (VND). Over time, regulations may relax as the market evolves, with the long-term goal of integrating blockchain into Vietnam's economic development.
Vietnam's Conservative Crypto Regulation Supports Blockchain Growth
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