The Vietnamese Ministry of Finance is preparing a proposal to pilot a digital currency exchange, Deputy Finance Minister Nguyen Duc Chi announced at the government’s regular press conference on March 5.

The development of legal frameworks for virtual and digital assets has become a pressing topic in the legislative work of various ministries and agencies.

The growth of financial technologies, including blockchains and cryptocurrencies, depends on how well the legal system can adapt. Globally, as the legal status of cryptocurrencies remains ambiguous, Malaysia and Singapore offer unique approaches to cryptocurrency supervision.

Dating app Tinder is tremendously popular in Vietnam, especially since the COVID-19 pandemic. Although Tinder has been the catalyst for many love stories, some are using the app for reasons outside of finding the one.

The provincial government of Bali on May 28 warned tourists against paying for goods and services in cryptocurrencies on the popular resort island of Indonesia.

Identity theft is not a new crime in the financial and banking scene, but insiders said a new twist on an old problem that banks and clients should worry about, exposes the need for heightened cybersecurity.

From shopping to services, Vietnamese are choosing a digital-first lifestyle to benefit from the online world’s speed, convenience and prices, according to Google’s 2021 Year in Search: Vietnam's Search for Tomorrow report.

The Bank of the Lao P.D.R (BOL) has issued licences authorising two companies to trade in cryptocurrencies, local daily Vientiane Times reported on January 19.

Cryptocurrencies are booming in Vietnam as investors consider them promising investments while Government agencies and experts warn of their risks.

The State Bank of Vietnam (SBV) has not accepted cryptocurrencies as a currency and a legal means of payment, said Nghiem Thanh Son, Deputy Director of the SBV's Payment Department.

The Ministry of Public Security has warned people about investing in the WinsBank system through website WINSBANK.IO.

A draft regulation put forward by the State Bank of Vietnam (SBV) that would limit the foreign ownership rate in the payment intermediary service sector to 49 percent was discussed at a workshop in Hanoi on December 12.

All licensed financial institutions must comply with a new set of requirements by next year to raise cyber security standards and strengthen cyber resilience of the sector, the Monetary Authority of Singapore (MAS) said on August 6.

Vietnam will soon launch a new cryptocurrency exchange – the first of its kind in the country.

The State Securities Commission (SSC) has required relevant companies and funds not to engage in any issuance, transaction or brokerage activities related to cryptocurrencies.

Transactions involving cryptocurrencies and digital assets in general are subject to a 15 percent tax under a cryptocurrency law which took effect in Thailand on May 14.

The Ministry of Information and Telecommunications, in collaboration with the BKAV Technology Group, will organise WhiteHat Drill 05, a network safety rehearsal, on May 9 to tackle the coin-miner virus.

The Bank of Thailand (BOT) has asked domestic financial institutions to refrain from doing any business involving cryptocurrencies in fear of trading in an unregulated market.

Indonesian authorities are investigating the use of bitcoin on the resort island of Bali after the central bank gave warnings on risks posed by virtual currencies.

Prime Minister Nguyen Xuan Phuc this week approved the plan to scrutinise and streamline the legal framework for the management of cryptocurrencies such as bitcoin in Vietnam.