Clear regulations still required for crypto

Clear regulations still required for crypto

Bitcoin and cryptocurrency transactions are becoming common in Vietnam, yet legal frameworks have not kept pace.
Big risks for investors in digital assets

Big risks for investors in digital assets

At the Vietnam Tech Impact Summit 2024 last month, experts said that Vietnam was Asia's most attractive technology destination.
Malaysia, Singapore offer unique approaches to cryptocurrency supervision: experts

Malaysia, Singapore offer unique approaches to cryptocurrency supervision: experts

The growth of financial technologies, including blockchains and cryptocurrencies, depends on how well the legal system can adapt. Globally, as the legal status of cryptocurrencies remains ambiguous, Malaysia and Singapore offer unique approaches to cryptocurrency supervision.
Surge in cryptocurrency investment indicates multi-billion-dollar opportunity

Surge in cryptocurrency investment indicates multi-billion-dollar opportunity

Hundreds of billions of dollars in cryptocurrencies are estimated to have flowed into Vietnam over the past year; however, the lack of a legal framework monitoring this capital flow might lead to tax losses and risks such as money laundering.
Promising investment sectors for second half

Promising investment sectors for second half

Stocks, industrial real estate, gold, and cryptocurrency are seen as good investments for the rest of the year, according to a leading academic.
Cryptocurrency is not banned in Vietnam: Ministry

Cryptocurrency is not banned in Vietnam: Ministry

Cryptocurrency is not banned in Vietnam but it is necessary to develop a legal framework to ensure its on-track development and prevent risks, a representative from the Ministry of Justice has said.
Fallen crypto tycoon Bankman-Fried gets 25-year sentence

Fallen crypto tycoon Bankman-Fried gets 25-year sentence

Disgraced cryptocurrency wunderkind Sam Bankman-Fried was sentenced to 25 years in jail on Thursday -- a stunning descent for a figure who seemed poised to lead an emerging sector less than two years ago.
Crypto fraudster Bankman-Fried faces sentencing

Crypto fraudster Bankman-Fried faces sentencing

Disgraced cryptocurrency wunderkind Sam Bankman-Fried is set to be sentenced Thursday following his conviction in one of the biggest financial fraud cases in history.
Vietnam crypto holders are the third biggest gainers in 2023

Vietnam crypto holders are the third biggest gainers in 2023

Vietnam accounted for a significant proportion of global crypto gains in 2023 with $1.18 billion, making it the third biggest gainer.
Bitcoin hits fresh record above $71,000

Bitcoin hits fresh record above $71,000

Bitcoin hit a fresh record above $71,000 on Monday as demand for the cryptocurrency picks up amid optimism that the Federal Reserve will cut interest rates this year.
Bitcoin tops $60,000, approaches all-time high

Bitcoin tops $60,000, approaches all-time high

Bitcoin passed the $60,000 mark on Wednesday, approaching its all-time high and continuing its unbridled rise since the approval of a new type of investment indexed to the cryptocurrency.
Bitcoin's renewed euphoria as price keeps rising

Bitcoin's renewed euphoria as price keeps rising

Bitcoin is forecast to keep on rising after hitting fresh two-year highs above $50,000 on Thursday, leaving analysts to wonder whether investors have moved on from recent cryptocurrency setbacks, including scandals.
Indonesia has nearly 18 million crypto investors

Indonesia has nearly 18 million crypto investors

Indonesia had 17.91 million cryptocurrency investors as of September, marking a 0.67% increase from the previous month’s figure of 17.79 million investors, according to the Commodities Futures Trading Regulatory Agency (Bappebti).
Refined laws required to combat laundering

Refined laws required to combat laundering

Vietnam is working to implement anti-money laundering regulations within the crypto sector amid a global rise in digital assets.
Laos stops power supply to cryptocurrency mining businesses

Laos stops power supply to cryptocurrency mining businesses

Electricite du Laos (EDL) has announced that it will no longer supply electricity to cryptocurrency mining operations in Laos, local media reported.
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