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#VietnamCryptoPolicy Legal & Regulatory Framework 1. Planning a legal framework (by May 2025) The Government, under Decision 194/QĐ-TTg, has ordered the Ministry of Finance (MOF) to develop a legal framework addressing crypto assets—either banning or regulating them—by May 2025, focusing on anti-money laundering and counter‑terror financing 2. Draft laws & pilot programs in progress (early 2025) Three key drafts are underway: Draft Digital Technology Industry (DTI) Law: Defines digital assets, introduces sandbox provisions; expected to be discussed in the National Assembly in May 2025 . Draft Resolution for International Financial Center: Includes sandbox for crypto trading platforms; possibly operational by July 1, 2026 . Draft Crypto Pilot Resolution: Will license crypto services (issuance, exchange, custody), effective through Dec 31, 2027 🔎 Key Takeaways Vietnam currently treats crypto as non-legal tender, but trading and holding are not banned. A full legal framework is expected by mid‑2025, with pilot platforms and sandboxes launching soon. The government is exploring taxation models and licensing, aiming both to regulate and capture revenue. Adoption remains huge (17 M users), but most activity happens on foreign platforms, leaving a regulatory void at home
#MetaplanetBTCPurchase Metaplanet continues its aggressive pursuit of a Bitcoin-heavy treasury strategy via debt issuance, equity/moving‑strike warrants, and zero-interest bonds—positioning itself as Asia’s answer to MicroStrategy, with aspirations to hold 1% of BTC’s total supply by 2027 Purchase Details (June 16, 2025)
Amount Bought: 1,112 BTC
Transaction Value: ~$117.2 million
Average Price Paid: ≈ $105,435 per BTC
Resulting Holdings: Hitting exactly 10,000 BTC, overtaking Coinbase’s ~9,267 BTC to become the 9th-largest Bitcoin holder among publicly traded companies .
📊 Funding & Financials
Funding Method: Issued $210 million in zero-interest ordinary bonds (18th series) to Cayman-based EVO Fund; proceeds earmarked for additional Bitcoin purchases .
Total BTC Outlay: Metaplanet has invested approximately $947 million to accumulate 10,000 BTC, with a blended cost basis of ~$94,697/BTC .
📈 Performance Metrics
BTC Yield (Year-to-date through June 16): 266.1% .
#ETHCrossed2500 Ethereum has officially crossed $2,500, briefly touching the milestone before pulling back to the $2,470–$2,480 range. Bulls say ETH is gearing up for a major run with ETF momentum and rising DeFi activity. Bears, however, point to strong resistance at $2.500 and warn of a potential short-term pullback.
$XRP the crypto market matures, XRP stands at a crucial crossroads. While many tokens ride waves of speculation, XRP’s long-term value proposition hinges on real-world utility—especially in cross-border payments. With Ripple making strides in partnerships with banks and financial institutions, and legal clarity gradually improving post-SEC case developments, XRP is positioned to benefit from broader adoption in the financial sector. But the future isn’t without challenges. Regulatory hurdles, competition from CBDCs and other blockchain payment networks, and market sentiment all play roles.
#XRP Here’s a concise and engaging post about XRP’s future, tailored for social media or blog use: --- XRP’s Future: Utility Over Hype? As the crypto market matures, XRP stands at a crucial crossroads. While many tokens ride waves of speculation, XRP’s long-term value proposition hinges on real-world utility—especially in cross-border payments. With Ripple making strides in partnerships with banks and financial institutions, and legal clarity gradually improving post-SEC case developments, XRP is positioned to benefit from broader adoption in the financial sector. But the future isn’t without challenges. Regulatory hurdles, competition from CBDCs and other blockchain payment networks, and market sentiment all play roles. Yet if XRP continues focusing on scalability, speed, and low transaction costs, it could solidify its place as a bridge currency in the digital economy. Bottom line? If mass adoption of blockchain-based finance becomes reality, XRP might not just survive—but thrive.
#AltcoinSeasonLoading AltcoinSeasonLoading – As Bitcoin stabilizes near all-time highs, attention is shifting to altcoins. Traders are anticipating a surge across Ethereum, Solana, Avalanche, and other top-performing tokens. Historically, altcoin season follows Bitcoin rallies, as capital rotates into smaller-cap assets with higher growth potential. On-chain data shows rising activity in DeFi and NFT ecosystems, suggesting renewed interest. Some altcoins are already breaking key resistance levels, hinting at a broader market breakout. With narratives like AI, gaming, and L2 scaling gaining momentum, the stage is set. Don’t miss the signs – altcoin season might be just around the corner. Are you positioned?
$BTC Technical analysis and market structure suggest a bullish trajectory for Bitcoin, with a projected upside target range of $150,000–$160,000. This forecast aligns with historical halving cycles, institutional accumulation trends, and growing macro liquidity tailwinds.
#CryptoComeback ETH has broken past $2,000, gaining +17% in 24 hours. Key drivers: breakout above $1,925 resistance, positive deal news, and increased institutional activity. Analysts forecast a climb to $2,200–$2,400 in the near term🧨 Now is a great time to buy ETH and ride the momentum!🚀
#StripeStablecoinAccounts the crypto space — Stripe has officially re-entered the crypto market by enabling stablecoin payments on its platform. This move marks a major leap toward mainstream adoption, making it easier than ever for businesses and individuals to transact globally with USDC on Ethereum and Solana. The integration of stablecoins into Stripe’s massive payment infrastructure signals a major shift in how we view digital finance. Faster settlements, lower fees, and borderless transactions are now a reality — not a concept. This is a win for crypto. A win for utility. And a win for the future of finance.
#BTCBreaks99K BTC surged past $99K, Binance reported record 24-hour BTC/USDT volume, with futures open interest also hitting new highs. The long/short ratio on Binance has hovered above 1.8, reflecting strong bullish positioning. Funding rates, which recently turned slightly negative during consolidation phases, flipped positive again as the rally accelerated—suggesting renewed confidence in the uptrend. Retail and institutional traders alike are actively participating. According to Binance’s internal trading desk updates, large whale orders have been observed stacking buy walls just below $99K, signaling a belief that this isn’t just a spike, but the beginning of the next leg up.
#BTCBackto100K this wave is very fast. The resistance level above the big pancake is around 105,000, because this point is very important, the position where short positions were liquidated between 92,000~94,000. At this time, no one can see the top, we can only look at the analysis of the overall market. This is a very important point, which can be regarded as the upper resistance level. Then, if there is a pullback, we can first exit long positions and then look for suitable opportunities to enter short positions. I still firmly believe that after such a rise, there will inevitably be a pullback. The bears have killed it, and they are preparing to attack the bulls. However, the bulls must pay attention and not be too greed
$BTC whale address has closed its Bitcoin short position following a significant price increase in BTC. The decision resulted in an overall loss exceeding $1.6 million.
#BTCPrediction ket remains in prolonged consolidation with the overall market cap approaching $3 trillion as analysts eye a possible bitcoin (BTC) breakout that could push the market higher. Bitcoin hovered near $95,00 on Thursday, while ether (ETH), BNB Chain’s BNB and Solana’s SOL remained stagnant. XRP and Cardano’s ADA dropped 2%, while dogecoin (DOGE) fell 3%.
#MEMEAct Sen. Chris Murphy, D-Conn., on Tuesday announced he had introduced the “Modern Emoluments and Malfeasance Enforcement Act,” or “MEME Act,” targeting federal officials who release meme coins. Meme coins are a form of cryptocurrency with ironic or humorous appeal due to a connection to internet memes. President Donald Trump launched his own meme coin shortly before Inauguration Day and is now offering holders of the coin the chance to meet him at a Washington D.C. Gala. Sen. Murphy said in a video posted via X these coins sometimes enable government officials to secretly receive payments from those who are doing business with the federal government. Trump’s meme coin, it’s the most unethical, the most corrupt thing a president of the United States has ever done,” the senator said. “This is a chance for Republicans and Democrats to come together and say non of us, no member of the executive branch, no member of Congress, should be able to profit off of their position.”