Vietnam To Develop Legal Framework for Crypto
Ministries of Finance, Justice, and Information & Communications will collaborate with the central bank to build a legal framework for crypto. The prime minister’s issuance of Decision 1255 gave the government permission to create this legal framework. Vietnam is one of the countries with the largest population owning cryptocurrency. Last week, Vietnamese Deputy Prime Minister Le Minh Khai instructed the ministries of Finance, Justice, and Information & Communications to work with the central bank, the State Bank of Vietnam, and related sectors to build a legal framework for cryptocurrencies. The Ministry of Finance has received the main responsibility of putting
