#VietnamCryptoPolicy VietnamCryptoPolicy

The new digital currency policy in Vietnam marks a qualitative shift from complete criminalization to official recognition and legal regulation. This transformation reflects the Vietnamese government's awareness of the significance of digital currencies and their growing role in the global economy. The new policy is expected to impose strict requirements on platforms such as licensing, minimum capital, and compliance with anti-money laundering and counter-terrorism financing (AML/CFT) procedures. This step could open the door to foreign investments and innovative financial technologies, but it also requires careful oversight and a clear legislative environment to protect investors. In my opinion, Vietnam is heading in the right direction, but implementation will be the biggest challenge to ensure a balance between innovation and financial security. What do you think of this transformation? Can other countries follow Vietnam's example?