Vietnam Launches Pilot Crypto Platform with Bybit

Vietnam Launches Pilot Crypto Platform with Bybit
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Vietnam’s Ministry of Finance is partnering with Bybit to launch a pilot crypto trading platform, aiming to regulate the fast-growing digital asset market. The initiative seeks to mitigate risks for investors while fostering blockchain innovation. Vietnam ranks fifth globally in crypto adoption, highlighting the urgency for a legal framework.

  • Vietnam’s Ministry of Finance collaborates with Bybit to create a regulated crypto trading platform, targeting investor protection and blockchain growth.
  • A draft resolution for the pilot platform will be submitted to the government in early May, emphasizing transparency and risk management.
  • Bybit’s involvement includes designing compliance systems, while binance/?utm_source=CVJ.Ai&utm_medium=glossary&utm_id=CVJ.AI" target="_blank">Binance expands blockchain advisory roles in Kyrgyzstan and Pakistan.
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