CandleFocus Vietnam to Draft Legal Framework for Digital Assets by March
2025-03-03
Author: Content Editor
Vietnam's Prime Minister has instructed the Ministry of Finance and the State Bank of Vietnam to draft regulations for digital assets and currencies by March. The directive aims to stimulate economic growth and addresses the country's high cryptocurrency ownership levels. The central bank will also focus on managing interest rates and credit growth, and enforcing fair competition among financial institutions.
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