Vietnam Moves Crypto Exchanges Out of Legal Gray Area With Pilot Licensing

Vietnam has begun moving cryptocurrency exchanges out of a long-standing legal gray area by piloting a formal licensing regime for crypto asset trading platforms. Key Takeaways: Vietnam has begun formally licensing crypto exchanges after years of legal uncertainty. Banks and securities firms are lining up to enter the market under strict requirements. The move follows rapid growth in crypto usage across the country. Under Decision No. 96/QD-BTC, issued this week by the Ministry of Finance, author ...