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Vietnamâs finance ministry warns about crypto trading risks Vietnamâs Ministry of Finance reminded the public that cryptocurrencies have no legal framework in the country. 11214 Total views News
Vietnamese financial authorities have warned the public about the risks of cryptocurrency investment, as the industry is not regulated in Vietnam, local news agency Thanh Nien reported Wednesday.
The Ministry of Finance of Vietnam stated, âVietnam has not adopted any legislation related to the issuance, trading, and exchange of virtual currencies and virtual assets.â
The ministry stated that digital currencies are not part of Vietnamese securities laws and that there are only two exchanges, Ho Chi Minh Stock Exchange and Hanoi Stock Exchange, that are allowed to trade securities in Vietnam.