Greetings, dear brothers, sisters, and friends. For over 9 years, I have been sharing knowledge (since late 2017) and am also proud to have accompanied the Coin68 / Kyros Ventures / GMVietnam team (2022-2025). I always want to share REAL EXPERIENCE knowledge about the crypto/blockchain market every day in the most understandable way and without FOMO. Focusing on medium and long-term data & trends.
In particular, Jason has also had the opportunity to interview CZ (Changpeng Zhao) - Founder of Binance with over 275 million users according to the current update! I invite you to listen to the details here: https://www.youtube.com/watch?v=J4u6-alTbo0
Fortunate enough, after many years of effort, I was voted to represent Vietnam in the Videos & Live category, with only Jason representing Vietnam in this category and achieving Top 28 globally at The 100 Blockchain 2025 competition organized by Binance.
Additionally, I am grateful for the notes on digital asset laws in Exclusive AMA #09 with lawyer Đào Tiến Phong: https://www.youtube.com/watch?v=dV5bp6A211M
There is also the honor of being a guest of SSI Securities to talk about the topic UNLOCKING DIGITAL ASSETS – RIDING BEYOND THE UPGRADE: https://www.youtube.com/watch?v=ylcBa7aFXns
With many other AMA episodes featuring guests with many years of experience in the blockchain industry in the youtube channel @Jason Daily Web3 And currently, Jason is still continuously researching and sharing about the crypto/blockchain market every day on social channels 📌Contact to work: Contact.jasondaily@gmail.com
Disclaimer: NFA. DYOR. You must also comply with the laws in your place of residence. Don't forget to subscribe to the channel to watch the market update videos every day 🙏
Today, Elon Musk's rocket company officially hits the Nasdaq with the ticker SPCX, valued at around 1.77 trillion dollars, even bigger than Tesla on its first day. This is the largest IPO in history.
And I've noticed everyone is asking the same question: should we buy, where to buy, is it too late? Honestly, after nearly 9 years witnessing one hype cycle after another, I believe the question "should we buy" isn't the most pressing right now. This time, they reserved about 30% of shares for retail investors, instead of the usual 5 to 10%. Suddenly, the brokerage apps of millions have a buy registration button appearing. The order book is being oversubscribed multiple times. It's a massive FOMO machine, cleverly designed.
And here's where it gets relevant to us in the crypto space. Over the past few years, one of the biggest trends in crypto has been the tokenization of real-world assets, or RWA, bringing stocks, bonds, and real estate onto the blockchain. The boundary between traditional finance and digital assets is fading. An event like the largest IPO in history, with the craving of retail investors wanting to own a piece, represents the type of demand that the tokenization wave is targeting. Two worlds that many thought were separate are actually drawing closer together.
But whether it's the hottest stock on the planet or a newly launched token, I see the lesson remains the same. The FOMO makes people so scared of missing out that they forget to ask themselves what they are actually buying, at what price, and why. I'm not saying whether to buy or not; that’s a personal decision and your money...
Lately, I've been getting quite a few DMs about crypto taxes. Most are asking the same question: "What's the tax rate, man?"
I get it, everyone’s worried about the numbers. But when I think about it, that's not the most important question. The bigger question is: when do I trigger a tax obligation, and what do I need to prepare to avoid confusion later on?
Let me break it down in a straightforward way, sticking to the facts, no speculation.
Taxes are real, and the rate isn’t high. Individuals transferring crypto assets through service providers must pay a personal income tax of 0.1% on the value for each transaction. This calculation is pretty similar to the securities tax we’ve been used to for a while. The regulation is found in Circular 32 from the Ministry of Finance, effective from the end of March this year.
But here’s the part I see a lot of folks misunderstanding, and it's more important than the 0.1% figure.
First, the tax is calculated based on the value of each transfer, not on profits. This means that even if you didn’t make a profit, or even if you took a loss, the transaction still incurs a tax obligation. Many still think, "If I lose, I don’t have to calculate it," but the mechanism doesn’t work as we might think.
Second, it applies to transactions through service providers, with no distinction between domestic or international. This is a point I really want everyone to pay attention to, since almost all of us are currently trading on foreign exchanges.
Third, and this is what I want to emphasize most: what’s really scary right now isn’t the tax rate, but the messy transaction records. When the rules are clear, what tires people out later isn’t paying 0.1%, but not having a decent transaction history to know what they’ve done.
Recently, many people have been messaging me with similar questions, like "Is crypto legal in Vietnam now, right? So it's safe to trade freely now, huh?"
I understand why people are excited. Since the beginning of this year, Vietnam has officially recognized cryptocurrencies as a type of asset under the law. This is a huge step forward after years of the market operating in a legal gray area. Vietnam is one of the first countries in the world to do this, and with nearly 17 million Vietnamese participating (and at one point, over 21 million), it's truly a significant milestone.
But upon reflection, I've noticed a common misunderstanding that I want to clarify, as it directly affects your wallet.
"Legal assets" and "licensed exchanges" are two completely different things.
The law recognizing crypto as an asset means that owning it is legally protected. But where you buy and sell it is a separate matter. Currently, Vietnam is still in a pilot phase, with the government reviewing applications from a select number of domestic businesses to obtain licenses to operate exchanges, and the first official exchanges are expected to start operating this year.
This means that right now, almost all of us are still trading on foreign exchanges that are not subject to Vietnam's regulatory framework.
And this is the most concerning part for me. Even the authorities have warned that there are unlicensed, self-proclaimed platforms promoting themselves as legitimate. Newcomers are easily lured by the word "legal" and end up depositing their money into platforms that haven't been verified by anyone.
In fact, after nearly 9 years in this market, I've learned that the biggest reason people lose money isn't due to market volatility, but rather from misunderstanding the rules and assuming they understand when they don't.
Legalization is good news, I believe. But it doesn't mean there's no risk anymore. It just means that the rules will become clearer over time. 👇 a thread below
In fact, the first time I heard about Bitcoin was in 2012.
A friend of mine was buying real estate in Tan Cang and Ba Son. I saw that he was so young but buying real estate so casually, so I was curious and asked him how he did it. He introduced me to ICOs, where I just had to log in and click a few buttons. If I succeeded, I would get tokens and then sell them. That was how he trained me into the industry.
I left for a while to work on web2, opened a furniture company, and set up an office in Aqua 1 in Ba Son. Then came the COVID pandemic, and I quit altogether.
But maybe what belongs to me will always come back. After the pandemic, I returned to Web3, and luckily was accepted by Coin68, partly because of my research, trading, and foreign language skills.
The time at Coin68 and Kyros Ventures was when I really grew in the industry. Working in the largest crypto media and investment organization in Vietnam, I learned to look at the market more systematically, rather than relying on gut feelings like during the ICO era.
In fact, since 2021, I've also been building my own small project, mainly updating news and sharing my perspectives on Bitcoin and altcoins. It's not big, but it's where I practice writing and observe the market every day, a habit I've kept to this day.
I've also had the privilege of participating in and organizing many blockchain events, meeting industry peers from all over the world at all levels, from beginners to teams and partners. The more I travel, the more I realize that this market is much larger than just Vietnam, and I still have so much to learn.
Article details at : facebook.com/share/p/1BGQo8… All information is for educational and personal reference only and does not constitute investment advice. Always conduct your own research (DYOR) and comply with local laws.
Today I read an interesting post by Sam Morris on LinkedIn. Binance, OKX, and Bybit have only 6 months left operating in Vietnam. According to documents from the Ministry of Finance and confirmation from Deputy Minister Nguyễn Đức Chi, there will be 5 Vietnamese entities replacing them: Techcombank (TCB), VPBank, LPBank, QVIX Securities, and Sun Group. The licenses are expected to be issued by the end of Q3, with a minimum capital of 400 million USD per exchange, and 65% ownership must be held by domestic organizations, with payments allowed only in VND. Jason believes this is a very significant shift. Vietnam is not banning crypto, but is gradually bringing crypto activities into a framework, increasing transparency and tax collection (0.1% onshore transaction fee). At the same time, it's creating opportunities for local banks and securities companies to get more involved. However, with 20 million wallets currently on offshore exchanges, the next 6 months will be a major migration phase for the community. What do you all think about this move? Is it a long-term positive signal or will it cause short-term disruption? #jasondailyweb3 #CryptoVietnam #BlockchainRegulation Disclaimer: This is a personal opinion and serves an educational purpose regarding the market. Not investment advice. Always DYOR and manage your own risks.
Thank you for the invitation from SCEX, hoping to have a lot of valuable information as well as sustainable cooperation directions for the Daily84dotcom community in the future 🤝
SCEX (formerly LPEX) is one of the 5 entities with valid applications for cryptocurrency asset exchange licenses, having passed the first evaluation round of the Vietnam Ministry of Finance
May 2026 , @jasondailyweb3 was fortunate to attend and learn at the dialogue session on 'Pilot Digital Asset Exchange' with experts and industry leaders. Facing the figure of 20 million users shared by authorities, Jason felt there was still much work to be done. The short interview with VTV Index was just a personal perspective from practical experience, hoping to contribute a small voice to building a safe legal framework for everyone. Thank you to the organizers for trusting and giving Jason the opportunity to be heard and share. The journey of Web3 ahead is still very long, and I will try to update more valuable information for everyone! #Jasondailyweb3 #blockchaineducation #AIEducation #GTMStrategy
Invite you all to view the detailed content on FB: https://www.facebook.com/share/p/14b4B6uS9Th/
I agree that the data isn’t necessarily the most accurate, but if the majority thinks the same way, then the market is likely to move in that direction.