In a positive development, small and medium-sized enterprises in Vietnam could soon walk into a bank with digital assets or intellectual property and walk out with a loan, under a proposal put forward by the country’s Ministry of Finance. The…
Key Takeaways Vietnam’s central bank has set a credit growth target of 20% by the end of 2025. The prediction comes agaisnt the backdrop of crypto adoption spiking in the Southeast Asian country. As per reports, Deputy Governor Pham Thanh…
Key Takeaways Vietnam has unveiled NDAChain, a government-backed blockchain platform developed to verify digital records and transactions across multiple industries. The platform was officially announced on July 25 and is being developed by the country’s National Data Association (NDA). Its…
Key Takeaways Vietnam has taken a decisive step into the digital age by passing a comprehensive Law on Digital Technology, which formally acknowledges Bitcoin and other crypto as legitimate digital assets. This landmark legislation, approved by the National Assembly, will…
Key Takeaways Vietnam police have unravelled a large-scale international crypto scam network, arresting multiple individuals involved in defrauding billions of VND from local citizens. Reportedly, the police in Nghe An province arrested five Vietnamese individuals linked to the scheme. Two…
The alleged kidnapping of a person and theft of $1.5 worth of bitcoin was carried out by two former police officers and 14 more Vietnamese.
Key Takeaway: Reportedly the Vietnamese government is putting together a legal framework specifically for cryptocurrency. The country’s Deputy Prime Minister has directed a total of three ministries to work on the crypto framework. Reportedly the Vietnamese government is putting together…
