Improving the mechanism for managing crypto assets in Vietnamese: Risks and mitigation measures
DOI:
https://doi.org/10.31276/CSQL.2026.3907Keywords:
crypto asset management mechanisms, crypto assets, legal framework, pilot marketAbstract
According to a report by the Vietnam Blockchain and Digital Asset Association (VBA), one in five people in Vietnam owns digital assets, with a recorded capital flow of over USD 220 billion and continuing to grow rapidly. This trend is driven by the increased use of technology platforms, the popularity of digital financial applications, and especially the public’s interest in crypto assets such as Bitcoin, ETH, NFTs and so on. However, breakthroughs in science and technology simultaneously create obstacles and challenges regarding security, control, and management. This leads to the urgent need for a strict management mechanism to control crypto assets in today’s digital economy. This article focuses on analysing legal regulations on cryptocurrency management, together with the role of technological application as a macro-level driver to enhance international positioning, thereby outlining the overall picture of challenges and opportunities presented by this emerging asset class.
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