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The rapid rise of cryptocurrencies and digital assets presents significant risks to investors and the broader market (Photo: baodautu.vn) Vietnam’s Ministry of Finance has proposed a pilot program for the issuance and trading of cryptocurrencies and digital assets, with a draft resolution submitted to the Government. The proposal includes a coordinated oversight mechanism involving key agencies such as the Ministry of Finance, the Ministry of Public Security, and the State Bank of Vietnam. Bui Hoang Hai, Vice Chairman of the State Securities Commission under the Ministry of Finance, revealed the information on March 20. He emphasized that the coordinated framework aims to closely monitor cryptocurrency exchange activities, mitigate risks, and ensure financial security. According to Hai, the rapid development of cryptocurrencies and digital assets poses substantial risks to investors and the wider market. As a result, the pilot will be conducted on a limited scale and under...