Vietnam's crypto market value tops $220 bln, ranks third in Asia
Vietnam sees cryptocurrency gradually gaining popularity in the financial sector, often used for remittances, gaming, and savings.
Vietnam could formalize crypto assets, says FPT chairman
Blockchain transactions have reached a scale of $35 million per year, one in five Vietnamese people owns digital or crypto assets, and the total transaction volume has hit $120 billion.
Police bust ring behind fake crypto exchange handling $386 mln
Although the cryptocurrency itself was worthless, the perpetrators promoted it with false claims of high potential and exorbitant profits.
Crypto investments up sharply
According to Coin98 Insights, more than $1.5 billion has been poured into crypto investment funds and projects over the past week, double the figure in the previous week. Many gaming projects have also received a large amount of funds in early investment rounds.