In Vietnam, the focus was on learning; in Pakistan, it was connections; and in Nigeria, it was about synthesizing it into one finished product for Jimmy Nguyen.
The United States and Vietnam are enhancing their trade relations, focusing on AI, aviation, and semiconductors.
Japan accounted for 30% of digital assets stolen globally, and Elliptic’s research traced them to Lazarus Group, the hacking group with links to North Korea.
In a meeting at the Korea-Vietnam Economic Forum, Gyeongbuk Governor Lee Cheol-woo unveiled the province’s ambitious plans to use the metaverse to stimulate commercial activities between the nations.
Prime Minister Pham Minh Chinh is calling for action as he believes “it is necessary to study appropriate sanctions, and assign the government to make detailed regulations" targeting the industry.
According to Nikkei, the two countries are revamping their CBDCs efforts in response to the growing popularity of Chinese payments apps like Alipay and WeChat Pay.
While being one of the highest adopters of digital currencies, Vietnam is not the friendliest jurisdiction for digital currency and blockchain firms, according to local reports.
Deputy Prime Minister Le Minh Khai appointed the Ministry of Finance to oversee digital assets and explore and amend laws to build a legal framework for the nascent industry.
The prime minister has been pushing for e-governance as he seeks to make Vietnam’s government an efficient digital one, putting emphasis on big data, augmented reality, artificial intelligence and virtual reality.
Financial authorities in Vietnam have issued a warning to the public to be aware of the risks of investing in digital currency.
Investing in digital currency remains illegal in Vietnam, and those who encourage people to invest in schemes are considered offenders.
The nine-member group is in charge of exploring and formulating policies to manage digital currencies and virtual assets.
