@venturevillagewall · Post #4300 · 04.03.2025, 04.00
Vietnam to Draft Crypto Legal Framework Vietnam's Prime Minister has tasked the Ministry of Finance and State Bank to create a legal framework for cryptocurrencies by the end of March. Notably, Vietnam ranked among the top three globally in cryptocurrency ownership, with 21% of its population involved. More details: here. In related news, $1 billion was liquidated from the cryptocurrency market recently. Arthur Hayes remains bullish, expecting the previous cycle's high of $70,000 to hold as support. Coinbase's Coin50 Index introduces new assets, and a hacker laundered $1.39 billion in ETH through THORChain. Lastly, FTX/Alameda transferred 3.03 million SOL to various wallets. #Vietnam#Crypto#Bitcoin#ETH#FTX#SOL#Blockchain#Finance#Hayes#Coinbase#Regulation#Market#Investment#BullCycle#Liquidation#Hacker#THORChain#PerpetualContracts#Assets#Liquidity#Alameda