Facing the rapid growth and potential risks of crypto assets in terms of money laundering and terrorism financing, the Vietnamese government has requested the Ministry of Finance to study and develop a legal framework to ban or regulate this type of asset by May 2025. This is one of the contents of the National Action…

Thailand has taken a bold step to encourage the growth of its digital asset sector by scrapping the value-added tax (VAT) on crypto trading. The move, which was announced by the Ministry of Finance on Tuesday, will take effect from January 1, 2024 and will apply to all types of digital assets, including cryptocurrencies, tokens,…

The Chair of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, delivered a speech in Naples, Italy, on Jan. 26, 2024, in which he expressed his concerns about the current state of regulation of the cryptocurrency and digital asset industry. Behnam said that regulators need to ramp up their efforts to supervise the budding cryptocurrency industry, especially…