Basicamente: seu dinheiro tem que me dar para guardar, se perder é porque foi hackeado, se não me der, multa de 200 mil :)))

1. Currently "equating" crypto with securities:
- Crypto is fundamentally different from securities in legal nature
- Securities represent businesses, traded during business hours, with a centralized mechanism
- Crypto is decentralized, borderless, operates 24/7, and is highly volatile
2. Lack of a complete legal framework:
- There is no clear legal definition of crypto
- Lack of tax, insurance, and dispute resolution mechanisms
- High penalties (up to 2 billion VND) while the legal framework has not been completed
3. Technical feasibility issues:
- Crypto is stored in hot wallets, cold wallets owned by individuals
- High security, decentralization of blockchain
- Foreign exchanges have been operating for many years, with high reputation and reliability
Expert opinions:
Mr. Phan Phuong Nam (Deputy Head of Commercial Law Department, HCMC University of Law):
- Should simultaneously issue regulations for crypto trading experimentation and penalty mechanisms
- Clearly explain what crypto is, how to trade, what the regulations are, and how to protect investors
- "Instead of punishing, let exchanges prove their capabilities, effectiveness, and high security; investors will transition themselves"
Ms. Krist Pham (Blockchain Expert):
- Many countries around the world separate the management of securities and crypto
- Crypto needs a separate, flexible, and more expansive legal framework than securities
- Must keep up with technology while ensuring user protection
Mr. Dang Tran Phuc (Chairman of the Board of Directors of AzFin Vietnam Joint Stock Company):
- Need attractive mechanisms to attract investors to Vietnam
- Build a healthy playground, effective management mechanisms
- "Managing this market is correct, but competitive mechanisms are needed; do not apply rigidly"