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Vietnam's crypto decree seen curbing fraud, attracting foreign capital

By Hoa Dinh ( September 12, 2025, 04:39 GMT | Insight) -- Vietnam’s new decree to pilot a digital asset market for five years is expected to curb financial fraud and create a more transparent environment for cryptocurrency investment in the country, which ranks among the highest globally in both cryptocurrency ownership and adoption. Under the decree, digital assets issued in Vietnam must be backed by real-world assets, excluding securities and fiat currency, and may be offered only to foreign investors.Vietnam’s new decree to pilot a digital asset market for five years is expected to curb financial fraud and create a more transparent environment for cryptocurrency investment in the country, which ranks among the highest globally in both cryptocurrency ownership and adoption....

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