Vietnam’s Ministry of Finance has announced plans to restrict its cryptocurrency exchange pilot program to just five licensed operators. This approach reflects the government’s cautious strategy to regulate a rapidly growing digital asset sector and integrate it into the national economy. Analysts view this move as an effort to balance innovation with investor protection and compliance with international financial standards. Vietnam Crypto Pilot: Government Sets Strict Boundaries Vietnam’s Ministry of Finance has confirmed that the nation’s pilot crypto exchange program will include no more than five licensed operators, part of a tightly controlled test phase designed to mitigate systemic risks
source: https://beincrypto.com/vietnam-caps-crypto-pilot-to-5-licensed-exchanges/