What cannot be managed is prohibited, these guys keep saying that there is still a lot of money among the people, the law in Vietnam is only to control the common people, in short, the BTC has achieved what it is today thanks to decentralization. Everyone should understand.

Need a separate legal framework, flexible for the crypto market
Many experts believe that applying regulations for crypto management based on the securities model is not suitable for the decentralized and cross-border nature of blockchain technology.
Crypto operates 24/7, is highly volatile, has a strong community aspect, and does not represent a company like stocks do.
Therefore, forcing the transfer of crypto to domestic exchanges may make the market less flexible, reducing competitiveness compared to countries like Singapore or Dubai, which have more open and clearer legal frameworks.