Quick Breakdown Tether targets Vietnam for strategic partnerships as the government pilots a regulated crypto-asset market. Five licensed exchanges to operate under the new framework aimed at attracting foreign investment. The move could shift $100B in crypto trading from offshore platforms to Vietnam’s formal financial system. Tether Limited Inc. is ...
Vietnam’s transformation from a predominantly agricultural economy to an emerging digital powerhouse is one of Asia’s most remarkable shifts. Once known primarily for its rice exports and manufacturing base, the country is now making headlines for something entirely different: its rapid and enthusiastic embrace of crypto and blockchain technology. Recently, ...
A recent survey by KuCoin highlights the strong interest in cryptocurrency and blockchain among young people in Vietnam. Over 68% of the respondents, which were mostly students, expressed a "very high interest" in blockchain, and 73% already hold cryptocurrencies. The survey was conducted during the Vietnam Technology & Investment Summit ...
Vietnamese authorities have allegedly prevented losses of nearly 30 billion Vietnamese dong ($1.17 million) and saved 300 potential victims from fraudulent investments in a major cryptocurrency scam token. Hanoi City Police arrested individuals linked to Million Smiles, the company behind an illegal cryptocurrency scheme. The scheme centred around a fictitious ...
Vietnamese provincial police have reportedly apprehended five individuals involved in a sophisticated crypto scam network led by offshore criminals. Local media reports that on October 4, authorities in Nghe An, a province bordering Laos and the Gulf of Tonkin, dismantled a scam ring operating out of Laos that was linked ...
Sixteen individuals accused of kidnapping and stealing cryptocurrency began their trial at the Ho Chi Minh City People's Court on May 10, 2023. The defendants, including Ho Ngoc Tai, Tran Ngoc Hoang, and their associates, allegedly stole approximately $1.5 million worth of cryptocurrency from Le Duc Nguyen. According to local ...
