“We will comply with Vietnamese law!”

Sharing with the Vietnamese technology world at the event Vietnam NFT Summit – Solutions for a new era, Mr. Changpeng Zhao (CZ) – CEO of Binance – said Blockchain is a new technology for the digital economy.

How countries adopt this technology today will have a profound impact on the future of the local economy and the world at large. More and more countries show their determination in grasping and properly applying blockchain technology to life.

I believe that clear and effective regulation is essential for blockchain to be applied in every corner of life, not just cryptocurrencies, DeFi or NFT.CEO Binance speak.

“We believe that the more transparent the legal system is, the more protected users are.”

The CEO who spends 20% of his time on Twitter said that Binance is continuously licensed to operate in France, Italy, Abu Dhabi, Bahrain, Dubai …. is concrete evidence of the company’s compliance with local regulations at all times.

And today, along with the active activities of the Vietnam Blockchain Association, I pledge that Binance will always comply with Vietnamese laws, put users first for Vietnamese users in particular and users everywhere. The world believes that Binance’s platform is one of the most secure and trusted in the world“, confirmed the CEO of Binance.

Binance CEO CZ: “We will comply with Vietnamese law!”  - Photo 1.

The world’s richest cryptocurrency billionaire also expressed his desire to access the Asian market, and hoped that Vietnam would be a pioneer market in the region.approach new development“.

Mr. Phan Duc Trung, Vice President of Vietnam Blockchain Association, hopes that the cooperation between Vietnam Blockchain Association and Binance will bring value to the business community in Vietnam, creating an employer-owned workforce. high technology as well as contribute to policy advice for State management agencies.

We believe that this is one of the right steps, following the direction of the Vietnamese government towards a digital government, a digital economy, bringing sustainable growth values ​​for a prosperous Vietnam.“, said Mr. Trung.

Ngo Duc Thang, Director of the Government Cipher Department affirmed that Blockchain is one of the digital technology fields on the list of priorities for research, development and application for the 4th Industrial Revolution in Decision No. No. 2117/QD-TTg dated December 16, 2020 of the Prime Minister. promoting the use of digital transactions through blockchain in many fields such as: banking services, industrial production, energy, agriculture, healthcare, retail and consumption …

In particular, blockchain can be applied to the public sector. It can be said that this technology will affect many aspects of daily life and global business whether we realize it or not, and the investment opportunities that come from blockchain technology will be huge.

In the coming time, the Government will continue to facilitate, encourage and promote businesses to proactively accelerate the process of digital transformation in which blockchain technology is the mainstay. It is expected that by 2030, blockchain will create 40 million jobs, 10% – 20% of the global economic infrastructure will run on Blockchain technology systems.“, Mr. Thang noted.

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