cryptocurrency

Vietnam is being encouraged to introduce a central bank digital currency (CBDC) to regulate digital transactions and integrate with global cryptocurrencies. The government is also developing a legal framework to govern digital assets amid rising interest and significant financial inflows into the sector.

This analysis provides an overview of cryptocurrency regulations worldwide, particularly in the European Union, the United States, and Singapore, while proposing a regulatory framework for Vietnam.

Deputy Governor Dao Minh Tu affirmed that Bitcoin and other virtual currencies are completely not considered as cryptocurrencies, and not allowed to function as legal currencies in Vietnam.

Dogecoin volumes spiked over the past two days amid a new TikTok trend aiming to get the meme-based cryptocurrency's price to $1.

Bitcoin (BTC) price dropped nearly $200 in minutes on April 10 to slide below $7,000 for the first time in four days, Coin Telegraph reported. 

Bitcoin price today: The Bitcoin (BTC) price has increased by two-fold in less than a month, surging from $3,600 to over $7,350. While traders believe a combination of many factors caused the upsurge, there are three main factors that likely contributed to it, Coin Telegraph reported.