The new body expected to contribute to building a stable, transparent, and secure crypto asset market in Vietnam.

Under the Finance Minister’s Decision, a
Management Board for the crypto asset trading market has been established, the State Securities Commission (SSC) announced on December 10.

Amid rapid global digital transformation, crypto assets are
growing quickly and are increasingly becoming an integral component of the
digital economy. According to the SSC, the establishment of the Management
Board is a timely move that aligns with global trends and regulatory
requirements, while helping to better protect investors and safeguard national
financial security.

The new body is expected to contribute to building a stable,
transparent, and secure crypto asset market in Vietnam.

At the announcing event, SSC Chairwoman Vu Thi Chan Phuong urged the
new board to swiftly begin researching, developing, and finalizing the legal framework
and policy mechanisms related to crypto assets; actively learn from
international practices; strengthen market monitoring and analysis capacity;
and provide responsible, transparent advice in selecting qualified enterprises
to participate in crypto asset trading in Vietnam.

VnEconomy-Hạ Chi