Vietnam's central bank latest statement: does not prohibit cryptocurrencies, but will strengthen the regulatory framework, focusing on cracking down on illegal financing and fraud!
📌 Key Developments:
- 2025 Pilot: Researching central bank digital currency (CBDC), exploring compliant cryptocurrency payment channels
- Tax Tightening: Proposing a 10% capital gains tax on cryptocurrency transactions (currently 0%)
- Exchange Licenses: Requiring foreign platforms (like Binance) to register locally
💡 Market Impact: 2 million cryptocurrency users in Vietnam may shift to compliant platforms, local projects accelerating KYC/AML upgrades.
#Blockchain #Cryptocurrency #Regulation #VietnamEconomy #DeFi