The State Bank of Vietnam is reportedly set to become the latest central bank to delve into explorations of the feasibility and operationally of central bank digital currencies (CBDCs). Its brief, distinct from some other countries, is to trial a digital currency that would expressly be built on blockchain technology, rather than a centralized protocol.According to a July … [Read more...] about Vietnam’s PM asks State Bank to trial digital currency on blockchain
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Vietnam’s finance ministry warns about crypto trading risks
Vietnamese financial authorities have warned the public about the risks of cryptocurrency investment as the industry is not regulated in Vietnam, local news agency Thanh Niên reports Wednesday.The Ministry of Finance of Vietnam stated, “Vietnam has not adopted any legislation related to the issuance, trading, and exchange of virtual currencies and virtual assets.”The ministry … [Read more...] about Vietnam’s finance ministry warns about crypto trading risks