VOV.VN - Vietnam has officially launched a five-year pilot program for its digital asset market, placing cybersecurity and transparent oversight at the center to manage risks while supporting sustainable development.

The underground flow of hundreds of billions of US dollars into Vietnam’s cryptocurrency and digital asset market is set to be legalised as the country prepares to launch a series of official trading platforms, which are expected to serve as attractive investment channels, potential fundraising avenues for businesses.

A growing number of major domestic and international investors are showing strong interest in Vietnam’s pilot digital asset market.

The rapid development of digital assets, especially blockchain–based ones, and the emergence of new business models have posed unprecedented issues to policymakers around the world on how to ensure their proper development.