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#FOMCMeeting The Federal Open Market Committee (FOMC) meeting is happening today, June 17, and tomorrow, June 18. Here's what you need to know ¹ ²: - *Interest Rate Decision*: The FOMC is expected to keep interest rates unchanged at 4.25%-4.50%. Experts believe the Fed will wait for more information on the economic impact of tariffs and trade negotiations before making any major decisions. - *Crypto Market Impact*: Despite the uncertainty surrounding the FOMC meeting, the crypto market is currently bullish, recovering from an earlier crash. Investors have adapted to the current geopolitical conditions and are expecting no major changes in interest rates. - *Fed Chair's Press Conference*: After the meeting, Fed Chair Jerome Powell will hold a press conference to discuss the policy decision and provide insights into the Fed's economic outlook. - *Summary of Economic Projections (SEP)*: The Fed will release its SEP, also known as the "dot plot," which will show where each member expects the federal funds rate to be at the end of this year. This will provide valuable information on the Fed's future policy plans. The FOMC meeting is closely watched by investors and economists, as it provides important insights into the Fed's economic outlook and future policy decisions. The Fed's decision to keep interest rates unchanged is seen as a "wait-and-see" approach, given the current economic conditions and uncertainty surrounding tariffs and trade negotiations .
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#MetaplanetBTCPurchase Vietnam's Groundbreaking Cryptocurrency Law: A New Era for Digital Assets In a significant move, Vietnam has passed the Law on Digital Technology Industry, granting full legal recognition to crypto assets and establishing a comprehensive regulatory framework. This landmark legislation, set to take effect on January 1, 2026, aims to provide clarity and legitimacy to the digital asset market in Vietnam. The new law introduces a two-tier classification system, distinguishing between "virtual assets" (non-financial tokens, loyalty points, or gaming-related digital goods) and "crypto assets" (assets based on cryptographic and distributed ledger technologies like Bitcoin and Ethereum). The government will develop detailed implementation guidelines, including licensing requirements, compliance protocols, consumer protection measures, and robust Anti-Money Laundering (AML) standards. This regulatory framework is expected to boost market confidence, attract institutional investors, and encourage broader adoption of digital assets in Vietnam. By providing a clear and secure environment for legitimate cryptocurrency activities, Vietnam is poised to become a leader in blockchain innovation and digital asset adoption in Southeast Asia. The law's emphasis on consumer protection and AML requirements will help prevent illicit activities and ensure a safer environment for digital asset transactions. As the legislation takes effect, businesses and individuals will need to comply with AML regulations, including collecting and verifying identities, reporting suspicious transactions, and keeping detailed transaction records. With this groundbreaking law, Vietnam is taking a significant step towards creating a legitimate and secure digital asset ecosystem, positioning itself for growth and innovation in the rapidly evolving world of cryptocurrencies.
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#VietnamCryptoPolicy Vietnam has passed the Law on Digital Technology Industry, granting full legal recognition to crypto assets and establishing a regulatory framework effective January 1, 2026. The law categorizes digital assets into virtual assets and crypto assets, excluding securities and digital fiat currencies. A two-tier classification system will distinguish between non-financial tokens and assets based on cryptographic technologies like Bitcoin and Ethereum. The government will develop guidelines on licensing, compliance, consumer protection, and Anti-Money Laundering (AML) standards. This move is expected to boost market confidence, attract institutional investors, and encourage broader adoption of digital assets in Vietnam .
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Vietnam's Cryptocurrency Policy: A New Era of Regulation
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