Topic: cryptocurrency

In 2023, Vietnam stood third globally in cryptocurrency profits, following behind the United States and the United Kingdom.

65% of Vietnamese crypto investors did not make profits last year.

Vietnamese consumers are prioritizing financial safety and monetary protection but also seeking opportunities to earn higher returns, the Financial Trends Report 2023 published by Decision Lab reveals.

Blofin aims to boost cryptocurrency adoption and provide support for users.

Figures from the Chainalysis Company show that from July 2021 to June 2022, Vietnam recorded $112.6 billion in cryptocurrency transactions. It therefore surpassed the region’s financial center, Singapore, to join Thailand as the two leading cryptocurrency trading centers among the ten ASEAN countries.

According to the 2022 Global Crypto Adoption Index published by blockchain data analytics company Chainalysis, Vietnam ranks first out of 146 countries and territories in terms of cryptocurrency adoption, followed by the Philippines, Ukraine, India, the US, Pakistan, Brazil, Thailand, Russia, and China. This is the second straight year Vietnam has led the index, which was first published in 2019.