Vietnam is Building a Legal Framework For Cryptocurrency
<p>Le Minh Khai, Vietnamese Deputy Prime Minister, instructed three ministries (the Ministries of Finance, Justice, and Information & Communications) last week to work with the State Bank of Vietnam and other relevant bodies in order to create a legal framework for cryptocurrencies. The framework will be built according to the prime minister’s Decision 1255, issued on Aug. 21, 2017, which approves a development plan for a legal framework for virtual assets, digital currencies, and virtual currencies.</p>
<p>There has been significant growth in crypto ownership in Vietnam in the past several years. Currently, over 5.9 million people (6.1% of the population) own cryptocurrency, according to research by Triple A.</p>

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