Vietnam is a socialist country in Southeast Asia with a population of 94.6 million and an area of 331 thousand kilometers. Vietnam has a strong socialist-oriented market economy. Vietnam is considered to be one of the fastest growing economies — in terms of nominal gross domestic product and GDP per capita — since its shift from a command to a mixed economy. It is also an attractive place for foreign investments and is a large agricultural exporter. Vietnam has no Bitcoin trading or holding regulations. Bitcoin in Vietnam is allowed to be used as a good or an asset. Vietnamese Bitcoin exchanges, such as Bitcoin Vietnam and VBTC, are working without any limitations. Also, Vietnam does not restrict Bitcoin mining but made it illegal to use as a means of payment as well as to issue other digital currencies for their usage as a means of payment.
56.8% of metaverse-related tweets from Vietnam were positive sentiments that support the concept.
Here’s a list of countries that love the metaverse the most
The United States and Vietnam score the best on “crypto maturity” in 2022, a new report determines.
Cryptocurrency market is ‘most mature’ in these 2 countries, new Huobi report reveals
“It is necessary to study appropriate sanctions, and assign the government to make detailed regulations,” Prime Minister Pham Minh Chinh reportedly said.
Vietnam's prime minister calls for crypto regulation: Report
Vietnam has the highest crypto adoption rate in the world. There are numerous factors driving the trend.
Vietnam’s crypto adoption: Factors driving growth in Southeast Asia
Lower-middle income countries hold a majority of the positions in the top 20 countries in terms of crypto adoption.
Emerging markets lead global adoption index: Chainalysis report
New partnerships, a mainnet upgrade and plans to launch a stablecoin appear to have triggered a 200% rally in WEMIX price.
WEMIX gains 200%+ after stablecoin and boosted staking rewards announcement
GeneNFTs may be a game-changer for genomic testing, but user education is still needed in order for this model to advance.
Genomics company explores NFTs in hopes of advancing precision medicine