Vietnam Says Yes To Crypto In Bold Legal Shift – Details

Description

Vietnam’s National Assembly gave its stamp of approval to a new digital tech law on June 14. It brings crypto assets under formal rules for the first time. It also sets out a wider push into AI, semiconductors and more. Government Classifies Digital Assets According to local media outlets, the law groups digital holdings into two buckets: virtual assets and crypto assets. Both must use encryption or other digital tech to move or confirm transactions. Neither group covers securities, digital fiat...