#VoteToDelistOnBinance 🇻🇳Proposal for the Ministry of Finance, Ministry of Public Security, and State Bank to jointly manage cryptocurrency exchanges

Mr. Bùi Hoàng Hải, Vice Chairman of the State Securities Commission (Ministry of Finance), presented a draft Resolution to the Government on piloting the issuance and trading of cryptocurrencies and crypto-assets.

In particular, the draft proposes a mechanism for the Ministry of Finance to coordinate with the Ministry of Public Security and the State Bank in managing cryptocurrency exchanges and crypto-assets during the pilot phase.

According to the Ministry of Finance, with the strong and complex development of this type of asset, the supervision of relevant authorities is necessary to reduce risks for investors. The pilot will take place on a limited scale and under strict control.