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Prime Minister Pham Minh Chinh is calling for action as he believes “it is necessary to study appropriate sanctions, and assign the government to make detailed regulations" targeting the industry.
According to the National Assembly Deputy Duong Van Phuoc, virtual currencies and assets still can escape the net because of unclear regulations of the Anti-money Laundering law (AML).
There is a big risk that cryptocurrencies will be used in Vietnam for laundering money since there is no legal framework to regulate them, a lawmaker has said. - VnExpress International