The State Bank of Vietnam's "Golden Account" triggers a 40% surge in $AXS! How Southeast Asia's gaming metropolis rewrites GameFi rules with policy dividends
Policy Bombshell: The First National-Level GameFi Channel
1️⃣ Golden Account Mechanism:
- Allows citizens to directly purchase compliant tokens through bank accounts (First batch: AXS/USDT)
- Daily limit of $5,000, exempt from capital gains tax (until 2026)
2️⃣ Exchange Whitelist:
- Only Axie Vietnam (Ronin Chain) and Binance compliant sub-station are licensed, delisting 142 types of "non-gaming tokens"
3️⃣ RWA Anchoring Experiment:
- AXS can be mortgaged for loans in Vietnamese Dong, with an annual interest rate of 7% (60% lower than traditional banks)
Hidden Killing Intent: Liquidity Siphoning Effect
- Regulatory Arbitrage Trap:
✅ Policy only protects AXS/USDT trading pairs, other GameFi tokens are sold off (e.g., SLP dropped 28% in one week)
✅ When bank deposits are delayed for more than 3 hours, it triggers panic discounting in the OTC market
- Compliance Boundary Risk:
If users transfer AXS to non-whitelisted wallets (like Metamask), assets will be frozen