Vietnam: Circular regulating provision of payment intermediary services entered into force
Description
Circular regulating provision of payment intermediary services entered into force
On 17 July 2024, the circular regulating the provision of payment intermediary services entered into force. The circular establishes customer identification requirements for electronic wallet service providers, mandating the collection of identifica…
Scope
Policy Area
Consumer protection
Policy Instrument
User identification requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central bank