finance
Vietnam to Launch Pilot Crypto Trading Market Under Securities Regulator Oversight
Vietnam's securities regulator described the country as entering a pivotal phase in digital finance. Senior officials outlined plans for a pilot crypto-asset trading market.
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Vietnam's securities regulator stated that the country is entering a pivotal phase in digital finance. Senior officials outlined plans for a pilot crypto-asset trading market. Vietnam ranks 7th globally in crypto users and 5th in transaction growth, according to the report from CoinDesk.
The announcement came as regulators move to test a controlled environment for crypto-asset trading. The pilot market would operate under oversight from Vietnam's securities regulator. CoinDesk reported the statements from Vietnam's securities regulator and senior officials.
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