Vietnam's central bank expects credit growth to drive liquidity into cryptocurrency markets
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最新报道：According to Cointelegraph, citing Reuters, the State Bank of Vietnam (SBV) projects credit growth to reach around 20% in 2025. This move could lead to liquidity inflows into the global cryptocurrency market as cryptocurrency adoption continues to grow in the region. Deputy Governor Pham Thanh Ha of the SBV stated on Friday that further interest rate cuts are needed to boost economic growth and alleviate uncertainty caused by increased US tariffs. The Vietnamese government legalized cryptocurrencies in June as part of a broader tech regulatory effort that categorized cryptocurrencies as virtual assets representing tokenized real-world products and crypto assets like Bitcoin and Ether. However, under the new cryptocurrency regulations and its five-year sandbox pilot program, launched in September, the government prohibits the issuance of on-chain fiat-backed assets, including stablecoins and securities.
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