Bi Cần Thơ
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🇻🇳 Vietnam may have more than 10 licensed crypto exchanges? It's not a fantasy!
The laws regarding digital assets are about to be finalized – and if there are no exclusive exchange clauses, I predict that Vietnam can completely license 15–20 legitimate crypto exchanges to operate transparently and publicly.
Look at South Korea: they have 6–8 domestic exchanges, but the special thing is that they do NOT ban Binance, OKX, Bybit...
⁉️ Why don't they ban it?
→ Because the South Korean government chooses to regulate by law, rather than eliminate competition.
→ Because banning means that money still flows out — but through P2P, OTC, anonymous wallets — which is much harder to control.
→ And because investors have the right to choose, while weaker exchanges will naturally be eliminated by the market.
If Vietnam also does it right, the digital asset ecosystem will explode — there will be room for domestic exchanges to develop, but still maintain healthy competition with international ones.
The laws regarding digital assets are about to be finalized – and if there are no exclusive exchange clauses, I predict that Vietnam can completely license 15–20 legitimate crypto exchanges to operate transparently and publicly.
Look at South Korea: they have 6–8 domestic exchanges, but the special thing is that they do NOT ban Binance, OKX, Bybit...
⁉️ Why don't they ban it?
→ Because the South Korean government chooses to regulate by law, rather than eliminate competition.
→ Because banning means that money still flows out — but through P2P, OTC, anonymous wallets — which is much harder to control.
→ And because investors have the right to choose, while weaker exchanges will naturally be eliminated by the market.
If Vietnam also does it right, the digital asset ecosystem will explode — there will be room for domestic exchanges to develop, but still maintain healthy competition with international ones.
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