Digital assets with large capitalization, good liquidity, and a large investor community in Vietnam could be prioritized for listing after exchanges are licensed, according to experts.
The draft resolution on piloting the digital asset market is being finalized and is expected to be submitted to the government in August, according to To Tran Hoa, deputy head of the Securities Market Development Department.
With Bitcoin hitting record highs, analysts anticipate further gains, with some predicting the cryptocurrency could reach $200,000 by the end of the year.
Bitcoin's fall below $100,000 triggered a decline in other cryptocurrencies, leading to the liquidation of over $1.03 billion in leveraged positions in the derivatives market.