Since last night until this morning, the Vietnamese community has been quite confused due to the information that the Vietnamese mod of Binance has left all the support groups for the Vietnamese community.
The topic being discussed the most by the community is related to legal issues in the Vietnamese market.
The context is that Vietnam is about to officially launch its domestic crypto exchange. On March 17, Reuters reported that the Ministry of Finance is drafting regulations to tighten foreign exchanges. Thus, Binance personnel in Vietnam are under significant legal pressure, and withdrawing from community groups is a reasonable move to avoid risks for themselves.
Not to mention, the Ministry of Public Security has also recently proposed a draft Decree requiring the identification of group leaders and moderators, who must bear legal responsibility for the content in their managed groups.
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So, is the asset held on Binance in danger?
According to Resolution 05, the regulation prohibiting trading on foreign exchanges will only take effect 6 months after the first domestic exchange is officially licensed. As of March 23, no Vietnamese exchange has been licensed yet, so there's no need for everyone to be too worried.
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Be especially cautious: Times when the community is confused are when scammers are most active. Be very careful with fake Binance mod accounts, emergency asset withdrawal links, or anyone asking AE to transfer coins to protect their assets,... #BinanceVietnamSquare $BNB
The topic being discussed the most by the community is related to legal issues in the Vietnamese market.
The context is that Vietnam is about to officially launch its domestic crypto exchange. On March 17, Reuters reported that the Ministry of Finance is drafting regulations to tighten foreign exchanges. Thus, Binance personnel in Vietnam are under significant legal pressure, and withdrawing from community groups is a reasonable move to avoid risks for themselves.
Not to mention, the Ministry of Public Security has also recently proposed a draft Decree requiring the identification of group leaders and moderators, who must bear legal responsibility for the content in their managed groups.
📌
So, is the asset held on Binance in danger?
According to Resolution 05, the regulation prohibiting trading on foreign exchanges will only take effect 6 months after the first domestic exchange is officially licensed. As of March 23, no Vietnamese exchange has been licensed yet, so there's no need for everyone to be too worried.
🚨
Be especially cautious: Times when the community is confused are when scammers are most active. Be very careful with fake Binance mod accounts, emergency asset withdrawal links, or anyone asking AE to transfer coins to protect their assets,... #BinanceVietnamSquare $BNB