Tag: Vietnam

Vietnam’s prime minister calls for crypto regulation: Report

Vietnam’s prime minister calls for crypto regulation: Report

Pham Minh Chinh, the prime minister of Vietnam, has reportedly said the country’s government should study crypto regulation in part based on residents continuing to trade digital assets despite their lack of legal recognition. According to an Oct. 24 report from online news outlet VnExpress, Chinh hinted a bill on anti-money laundering, or AML, should […]

Vietnam’s crypto adoption: Factors driving growth in Southeast Asia

Vietnam’s crypto adoption: Factors driving growth in Southeast Asia

The Southeast Asian nation of Vietnam now ranks among the top nations adopting cryptocurrencies. Indeed, the country has ranked first on Chainalysis’ Global Crypto Adoption Index for two years in a row. Chainalysis’ research methodology took into account population-adjusted adoption in crypto platforms ranging from centralized exchanges to peer-to-peer (P2P) payment networks. Web traffic to […]

WEMIX gains 200%+ after stablecoin and boosted staking rewards announcement

WEMIX gains 200%+ after stablecoin and boosted staking rewards announcement

Blockchain-based gaming, also known as GameFi, is an up-and-coming sector that could potentially be one of the primary catalysts for kickstarting the mass adoption of blockchain technology. WEMIX, a gaming protocol that operates on the Klaytn network, aims to get in on the GameFi revolution and this week, the project’s native token (WEMIX) rallied even […]

Genomics company explores NFTs in hopes of advancing precision medicine

Genomics company explores NFTs in hopes of advancing precision medicine

It’s predicted that nonfungible tokens (NFTs) will have a vast impact on society. Given this, it shouldn’t come as a surprise that the trillion-dollar healthcare sector has begun to explore NFTs tokens to advance medicine. It’s also important to point out thatblockchain technology can play an increasingly important role within the healthcare sector. This was […]

Vietnamese deputy PM calls for building legal framework for digital assets

Vietnamese deputy PM calls for building legal framework for digital assets

Le Minh Khai, the deputy prime minister of Vietnam has issued a notification to the finance ministry, asking them to explore and amend laws to build a legal framework for the digital asset market. In a notice dated March 23, the Deputy PM has instructed the Ministry of Finance to assume the prime responsibility for […]

Asian CBDC projects: What are they doing now?

Asian CBDC projects: What are they doing now?

The rapid growth of mainstream attention toward cryptocurrencies has forced the hands of numerous governments to create their digital alternatives. Over the past few years, interest from various jurisdictions has been pointed towards central bank digital currencies (CBDCs) — digital versions of government-issued fiat. Given their capacity to use blockchain technology to facilitate a simplified […]

Crypto transactions surge 706% in Asia as institutional adoption grows — Chainalysis

Crypto transactions surge 706% in Asia as institutional adoption grows — Chainalysis

Emerging markets across Central and Southern Asia have registered a dramatic uptick in cryptocurrency transactions, highlighting a diverse range of motivations among locals for gaining exposure to digital assets such as Bitcoin (BTC) and Ether (ETH). New research from blockchain analytics firm Chainalysis finds that crypto transactions surged 706% in Central and Southern Asia and […]

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