Under the Finance Minister’s Decision, a Management Board for the crypto asset trading market has been established, the State Securities Commission (SSC) announced on December 10.
Amid rapid global digital transformation, crypto assets are growing quickly and are increasingly becoming an integral component of the digital economy. According to the SSC, the establishment of the Management Board is a timely move that aligns with global trends and regulatory requirements, while helping to better protect investors and safeguard national financial security.
The new body is expected to contribute to building a stable, transparent, and secure crypto asset market in Vietnam.
At the announcing event, SSC Chairwoman Vu Thi Chan Phuong urged the new board to swiftly begin researching, developing, and finalizing the legal framework and policy mechanisms related to crypto assets; actively learn from international practices; strengthen market monitoring and analysis capacity; and provide responsible, transparent advice in selecting qualified enterprises to participate in crypto asset trading in Vietnam.
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