Vietnam plans to launch a pilot program for licensed cryptocurrency exchanges in March, restricting domestic users from trading on overseas platforms. Five enterprises have already passed the review. The pilot will run for 5 years, with limitations on the number of exchanges and foreign equity holdings. Violations in unauthorized trading will result in fines up to 100 million Vietnamese dong.

PANews January 20 News, according to The Paper, Shenzhen IT professional Li Dong was placed under investigation by the police in Zhangjiajie, Hunan, and Changge, Henan, on charges of "running a casino" due to holding a large amount of Bitcoin. Zhangjiajie police seized 103 BTC from him and liquidated nearly 50 million RMB, while Changge police seized 80 BTC, with a total value of over 80 million RMB. The case was later transferred to charges of "theft" and "infringement of citizens' personal information." It was heard in Changge City Court in January, and the court announced a recess, with a retrial scheduled.

Cybersecurity engineer Li Dong has been indicted by the Henan Procuratorate on charges of allegedly stealing personal information of over 1.84 million Chinese citizens and agent rebate funds. He faces charges of theft and infringement of citizens' personal information. The case has already gone to trial, and Li Dong's defense lawyer has entered a not guilty plea.

Li Dong is under investigation by Hunan and Henan police for allegedly operating a casino. The police have seized over 180 bitcoins from him, valued at more than 80 million yuan. Ultimately, he was prosecuted by the procuratorate for theft and infringement of citizens' personal information, and the case will be retried in 2026.

Xunlei Corporation has filed a lawsuit against former CEO Chen Lei and his core team, accusing them of infringing on the company's interests, with a claimed amount of 200 million yuan. The case has been officially filed, involving issues such as fictitious transactions and misappropriation of funds. The new management team has carried out cleanup and adjustments, and Chen Lei and Dong Dui have left the country to evade investigation.

Odaily Planet Daily News: On the morning of the 19th, the offices of Hyundai Group and Hyundai Motor Group in Seoul, South Korea, received bomb threat emails. The suspect claimed that if 13 Bitcoins were not paid, they would blow up the building and threatened to transfer the bomb to Ryangja-dong to continue the attack. The police have dispatched special forces and other units to investigate, and no explosives have been found so far. The report pointed out that recently, large Korean companies have frequently encountered similar threat incidents, including Samsung, KT, Kakao, Naver, etc. The police are actively pursuing the suspect's identity. (Sisa Journal)

BlockBeats news, on December 3, the Chief Economist of the ASEAN Plus Three Macroeconomic Research Office (AMRO), He Dong, stated that stablecoins issued by non-bank institutions do not have the ability to create money and have limited capacity to serve the real economy, making it difficult for them to become mainstream in the currency market in the long run. At the same time, the People's Bank of China has also pointed out that stablecoins carry risks of Money Laundering and fraud. Currently, various regions around the world are researching and developing Digital Money, including Central Banks, banks, and non-bank Financial Institutions that are launching different new payment tools.

PANews, November 26 - According to Techinasia, the Vietnamese Ministry of Finance has proposed fines for individuals and organizations trading digital assets on unlicensed platforms, and it has publicly released a draft of the decree for comments. The draft stipulates that individuals involved in violations related to digital asset trading may face penalties of up to 30 million Vietnamese dong (1,200 USD), while organizations may incur fines of up to 200 million Vietnamese dong (7,584 USD). Violations of foreign ownership regulations, providing misleading disclosure information, or failing to report information to regulatory authorities can incur fines ranging from 70 million (2,654 USD) to 200 million Vietnamese dong (7,584 USD). Providing products to ineligible investors, conducting non-compliant insurance business, and failing to make necessary disclosures will face maximum penalties. In addition, the draft stipulates that domestic individuals using unlicensed