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Vietnam Drafts Rules to Ban Overseas Crypto Trading for Citizens

From financefeeds.com

Vietnam’s finance ministry is drafting rules that would prohibit citizens from trading on overseas cryptocurrency platforms, according to a Reuters report, as authorities move to tighten control over one of the world’s most active digital asset markets. The proposal comes alongside a government-backed push to launch domestically licensed exchanges, with a pilot scheme expected to roll out soon. Officials are increasingly concerned about the growing use of crypto and stablecoins, particularly the risk of capital moving خارج the country through platforms that fall outside local oversight. Vietnam maintains strict ... (full story)

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