DubaiThe water,, April 19, 2025 / Prnewswire / – Ben ZhouCo-founder and CEO of Go throughOne of the second exchanges of cryptocurrency of the world by exchanging the volume, met it Nguyen Van ThangMinister of Finance of VietnamTo express Bybit’s solid support for the country’s regulatory sandbox initiative and his vision of building a safe, transparent and friendly digital asset ecosystem for innovation.
Hosted at the headquarters of the Ministry of Finance, the meeting was focused on Vietnam efforts to establish a complete legal framework for cryptographic assets. Minister Nguyen Van Thang Describe the government’s plan to launch a pilot sandbox mechanism that will allow regulators to test the emission and trade in cryptographic assets in a controlled environment. This initiative is designed to mitigate risks, strengthen investor protection and guarantee regulatory preparation before introducing official legislation.
A key element of the discussion focused on saving the market against illicit activities. The Minister highlighted the importance of robust compliance executives, including money-breaches (AML) and know your customer protocols (KYC), to prevent the abusive use of digital assets and support the country’s financial security.
In response, Ben Zhou welcomed Vietnam Approach measured and responsible for the regulation of digital assets and has reiterated the longtime commitment from bybit to compliance:
“”Vietnam The avant-garde regulatory sandbox is a critical step towards unlocking the full potential of blockchain technology. At Bybit, we are fully aligned with the government placed by the government on the protection of investors and financial integrity, “said Ben ZhouCo-founder and CEO of Bybit. “We are proud to share our expertise in KYC, AML and World COMPANITY standards, and we are impatient to support Vietnam In the construction of a resilient, secure and dynamic cryptographic economy. “”
Bybit has expressed his desire to collaborate with the Vietnamese authorities on several fronts, including the design of system architecture, transactions monitoring and the implementation of international best practices in AML / KYC. The exchange also proposed support in capacity building, such as training financial regulators and the sharing of experiences of other jurisdictions.
Minister Nguyen Van Thang Welcome to the proactive approach of Bybit and allocated to the State Securities Commission to coordinate with concrete proposals. He also congratulated Bybit’s reputation for solid financial capacities, technological resilience and its membership in legal and regulatory requirements on the markets in which it operates.
This meeting highlights the growing role of Bybit as an international trust partner for regulatory dialogue and innovation. He also highlights Vietnam Presented to adopt blockchain technology while guaranteeing financial security and public confidence in the space of digital assets.
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Bybit is the second exchange of global cryptocurrency in volume, serving a global community of more than 60 million users. Founded in 2018, the Parbit redefines opening in the decentralized world by creating a simpler, open and equal ecosystem for everyone. By strongly emphasizing Web3, bybt partners strategically with the main blockchain protocols to provide a robust infrastructure and lead an innovation on the channel. Repared for its secure guard, its various markets, its intuitive user experience and its advanced blockchain tools, fill the gap between tradfi and defi, empowering manufacturers, creators and enthusiasts to unlock the full potential of web3. Discover the future of decentralized finance at Bybit.com.
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