The Vietnamese government has set up a 9-member committee for Crypto Currency

Vietnam has now joined the list of nations who are apprehensive about the impacts of digital currencies on the economy and is seeking the help of experts on how best to manage crypto within the country. Vietnam has since criticized digital payments citing concealment , but the state remains in support of blockchain application across its sectors.

The group is formed from nine members, headed by president Phong Hong-sun of the National Securities Commission. Although digital assets are evolving swiftly, they need risks, which may have a negative effect on the market, so policies for regulating and monitoring digital assets are highly needed.