Vietnam To Prepare Legal Framework Concerning Cryptocurrency Management

Written by sidhanta

The Vietnamese government is devising a new legal framework to include cryptocurrency and virtual assets. 

The country’s deputy PM has instructed three ministries to carry out research and amend legal documents to include virtual assets.   

According to the local news outlet Vietnamnet, the country’s Deputy Prime Minister has advised three ministries notably the Ministry of Finance, Justice,

As per sources, Vietnam’s Deputy Prime Minister Li Minh Khai has assigned three ministries to carry out essential research work concerning cryptocurrency regulation and governance. 

Moreover, the Deputy PM has also instructed the Ministry of Finance to assess various legal documents that require prior amendments, 

Information & Communication, along with the State Bank to accelerate research on cryptocurrency and prepare a legal framework for the management of virtual assets and currencies.

Ministry of Finance to assess various legal documents that require prior amendments, additions, or revisions to complete the legal framework for the management of virtual assets.  

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