Vietnam and Austria plan to work together on building a cryptocurrency regulatory framework, according to a Techub News item citing CoinPost. The talks took place in Vienna on the 15th, where Vietnam Deputy Finance Minister Nguyễn Đức Chi met Mariana Kühnel, executive director of Austria’s Financial Market Authority. The two sides discussed exchanges of supervisory experience in financial market oversight as well as directions for bilateral cooperation. Chi said Vietnam has already drafted an experimental legal framework related to cryptocurrencies and is preparing to introduce a licensing system for crypto service providers. He added that Vietnam will draw on regulatory experience from Austria and the European Union as it develops the framework. The report did not disclose additional details about the scope, timeline, or implementation of the planned licensing regime.
Vietnam and Austria plan to cooperate on building a regulatory framework for cryptocurrencies, according to Techub News, which cited CoinPost.
On the 15th in Vienna, Vietnam Deputy Finance Minister Nguyễn Đức Chi met Mariana Kühnel, executive director of Austria’s Financial Market Authority. The two sides discussed exchanges of experience in financial market supervision and the direction of bilateral cooperation.
Chi said Vietnam has developed an experimental legal framework related to cryptocurrencies and plans to introduce a licensing regime for crypto service providers. He said Vietnam will refer to regulatory experience from Austria and the European Union.
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