Keyword: "crypto assets"

British Ambassador to Vietnam Iain Frew highlighted the importance of strengthening bilateral cooperation as Vietnam - UK relations have been upgraded to a Comprehensive Strategic Partnership. He said technology, finance, innovation and digital transformation are opening up new opportunities for cooperation, enabling businesses from both countries to connect, share experience and explore investment and business opportunities.

Decree 284/2026, effective from September 1, marks the first time Vietnam has imposed penalties on domestic investors who trade crypto assets outside service providers licensed by the Ministry of Finance.

Prime Minister Pham Minh Chinh called on Korean conglomerates to share expertise and expand cooperation in Vietnam’s digital and cryptocurrency sectors during a meeting their leaders in Hanoi on July 29.

The Government has assigned the Ministry of Finance to research and develop a legal framework to ban or regulate crypto assets in May 2025 with an aim to combat money laundering.

Indonesia plans to set up a crypto exchange this year before it shifts regulatory powers over such assets from commodity futures trading supervisory body Bappebti to Financial Services Authority (FSA).

The Finance Ministry on March 30 announced that it has set up a team to study virtual assets and money to design management policies and mechanisms according to its tasks and functions in the field.