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Vietnam is launching a five-year pilot program with strict requirements for the cryptocurrency industry. The program mandates all cryptographic transactions to be conducted in Vietnamese Dong and issued only by Vietnamese companies. The assets must be backed by real assets, not fiduciary currencies. The pilot also imposes capital and staff requirements. Additionally, the law on the digital technology industry, approved in June, aims to establish Vietnam as a digital technology hub. 🇻🇳🔒📈
Vietnam is launching a 5 -year -old cryptography market pilot
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