According to the local news, Prime Minister Nguyen Xuan Phuc has tasked Vietnam's central bank as well as the Ministry of Finance and the Ministry of Public Safety, to draw up a legal
framework around cryptocurrencies.
According to news services VNA, Prime Minister Nguyen Xuan Phuc tasked Vietnam's Central Bank, national FinMin and the Ministry of Public Safety to draw up a legal
framework around cryptocurrencies by the end of 2018 and to elaborate taxation regulation of cryptocurrencies by June 2019.
Elsewhere in the announcement, the central bank said it will also review a regulatory
framework around cryptocurrencies that will primarily focus on issues of anti-money laundering, tax compliance, settlement risks and capital exchange control.
Not exact matches
The Russian Association of Blockchain and
Cryptocurrency (RACIB) will be collaborating with leaders from over 30 countries
around the world to create a
framework...
The
framework that is being built
around cryptocurrencies is opening doors for institutional investors.
Regulators all
around the globe are in the process of creating the regulatory
framework for
cryptocurrency exchanges and trading activities — which could create additional volatility in prices and trading volume.
The
cryptocurrency market is rapidly maturing, with governments
around the world developing regulatory
frameworks that pave the way for institutional investors to enter the crypto fray.