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vit

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CRYPTO REP
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Bullish
#VietnamCryptoPolicy Legal Recognition & Framework in Progress • Cryptocurrency is currently not considered legal tender in Vietnam—it’s banned as a payment method, but trading and holding crypto are still permitted as a form of digital asset  . • The Vietnamese government has actively tasked the Ministry of Finance (MoF) and the State Bank of Vietnam (SBV) with developing a comprehensive legal framework for digital assets and cryptocurrencies. The deadline was set for March 2025 , with pilot provisions for a licensed crypto exchange to be integrated. 🚧 Sandbox Pilot & Regulatory Sandbox • The Ministry of Planning and Investment (MPI) proposed a sandbox pilot for crypto trading platforms in planned financial hubs like Ho Chi Minh City and Da Nang, aiming to launch by 2025  . • The sandbox will also oversee related activities like NFTs, utility tokens, mining, and compliance with AML and cybersecurity rules .#vit
#VietnamCryptoPolicy

Legal Recognition & Framework in Progress
• Cryptocurrency is currently not considered legal tender in Vietnam—it’s banned as a payment method, but trading and holding crypto are still permitted as a form of digital asset  .
• The Vietnamese government has actively tasked the Ministry of Finance (MoF) and the State Bank of Vietnam (SBV) with developing a comprehensive legal framework for digital assets and cryptocurrencies. The deadline was set for March 2025 , with pilot provisions for a licensed crypto exchange to be integrated.

🚧 Sandbox Pilot & Regulatory Sandbox
• The Ministry of Planning and Investment (MPI) proposed a sandbox pilot for crypto trading platforms in planned financial hubs like Ho Chi Minh City and Da Nang, aiming to launch by 2025  .
• The sandbox will also oversee related activities like NFTs, utility tokens, mining, and compliance with AML and cybersecurity rules .#vit
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Bullish
$COS experienced a long liquidation of $1,880.5 at $0.01509, indicating selling pressure as long traders closed their positions. The support level is at $0.0140, while resistance is at $0.0160, with a potential target price of $0.0165 if the price breaks above resistance. #HIT Support at $0.00062, resistance at $0.00068, target price $0.00072.#vit – Support at $0.024, resistance at $0.027, target price $0.030. The liquidation in #COS suggests a bearish trend, but if the price stabilizes and breaks resistance, it could head toward the target price. #HIT and #VIT are also showing significant levels to watch for potential price movements. #BinanceListsVelodrome {spot}(COSUSDT) {spot}(VITEUSDT)
$COS experienced a long liquidation of $1,880.5 at $0.01509, indicating selling pressure as long traders closed their positions. The support level is at $0.0140, while resistance is at $0.0160, with a potential target price of $0.0165 if the price breaks above resistance.
#HIT Support at $0.00062, resistance at $0.00068, target price $0.00072.#vit – Support at $0.024, resistance at $0.027, target price $0.030.
The liquidation in #COS suggests a bearish trend, but if the price stabilizes and breaks resistance, it could head toward the target price. #HIT and #VIT are also showing significant levels to watch for potential price movements.
#BinanceListsVelodrome
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