Vietnam’s Crypto Exchange Pilot in 2025 May Transform Digital Asset Landscape Amid Global Developments
Main Idea
Vietnam is launching a pilot crypto exchange by 2025, supported by new regulations and a high national crypto ownership rate of 21.2%, indicating strong public interest in digital assets.
Key Points
1. Vietnam's crypto exchange pilot program aims to establish a robust regulatory framework by 2025.
2. Vietnam has a 21.2% national crypto ownership rate, ranking 5th in Chainalysis’s 2024 Global Crypto Adoption Index.
3. The Digital Technology Industry Law, effective January 2026, recognizes crypto assets.
4. Bakkt Holdings acquired a 30% stake in Tokyo-listed Marusho Hotta, rebranding it as 'bitcoin.jp' to focus on Bitcoin treasury operations.
5. Chainlink launched Data Streams for US equities, providing real-time pricing across 37 blockchains to enhance DeFi capabilities.
Description
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