Vietnam legalizes crypto based on the new digital technology law.

The law classifies digital assets into two categories: virtual assets and crypto assets.

Although both rely on encryption or digital technology for validation and transfer,

neither includes securities, digital fiat currency, or other financial instruments.

The law also mandates cyber security protection and anti-Money Laundering measures that align with international norms,

a move that is likely aimed at addressing the concerns of the Financial Action Task Force (FATF).$BTC

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