The Vietnamese National Assembly has approved the establishment of an International Financial Center to pilot cryptocurrency asset trading.

By: theblockbeats.news|2025/08/12 21:22:02

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BlockBeats News, August 12th: Pham Tien Dung, Deputy Governor of the State Bank of Vietnam, stated that the Vietnamese National Assembly has approved a resolution to establish an International Financial Center, allowing for the creation of a digital asset exchange platform. The Ministry of Finance has also submitted a draft resolution for a pilot program, designating blockchain as a core operational infrastructure. The "Industrial and Digital Transformation Law" has provided a clear definition of digital assets, virtual assets, and tokenized assets, establishing a specific legal foundation. The Vietnamese government has expressed its commitment to meeting regulatory requirements while creating a flexible sandbox environment that complies with global standards for businesses and investors.

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