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Economy

Vietnam to pilot virtual currency as crypto thrives in gray zone

Central bank instructed to develop blockchain-based digital money

The Vietnamese central bank has been tasked with researching and developing a blockchain-based currency. (Source photos by Reuters)
LIEN HOANG, Nikkei staff writer | Vietnam

HO CHI MINH CITY -- After years of warning its citizens not to "gamble" on virtual money, the Vietnamese government has decided to explore creating its own digital currency.

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