Post #3671

🇻🇳 The Vietnamese government has approved a pilot project for crypto asset trading: only local companies can participate, with all transactions settled in dong, ensuring that assets have real backing. Exchanges must have a minimum capital of 10 trillion dong ($379 million), with 65% of the funds required from institutional investors. Foreigners can own up to 49% stake only as investors. Earlier, we reported that Vietnam plans to launch a pilot project for a national cryptocurrency exchange.