Vietnam to license only five exchanges for crypto market pilot
PositiveCryptocurrency

Vietnam is taking a significant step in the cryptocurrency space by planning to license only five exchanges for a new pilot program. This move, announced by Deputy Minister of Finance Nguyen Duc Chi, aims to create a regulated environment for digital currencies, which could enhance investor confidence and promote innovation in the financial sector. By carefully selecting a limited number of exchanges, Vietnam is positioning itself to better manage risks while exploring the potential benefits of cryptocurrencies.
— Curated by the World Pulse Now AI Editorial System