The French Consul General in Ho Chi Minh City, Mr. Etienne Ranaivoson, believes that Vietnamese people should pay more attention to the concept of "digital assets" in the context of the rapidly developing digital economy and online activities. According to him, digital assets are not limited to cryptocurrencies or blockchain Token , but also include e-wallets, online banking accounts, data stored on cloud platforms, personal images, work documents, and many other forms of digital data that people use every day.
This statement comes amidst Vietnam's rapid growth in cashless payments, e-commerce, and digital financial platforms. Many users now possess large amounts of online data and assets but are not yet fully aware of their value, as well as the risks associated with security, ownership, and high-tech fraud.
According to French representatives, the country's approach to the digital asset sector focuses on balancing innovation and regulatory oversight. The French government encourages the growth of technology companies, blockchain startups, and the fintech sector, but this is accompanied by a strict regulatory system to protect users and control financial risks. Cryptocurrency exchanges operating in France are required to register, comply with anti-money laundering regulations, and are subject to supervision by financial regulators.
Besides legal aspects, cybersecurity is XEM a top priority. France has established many stringent standards related to the protection of personal data, prevention of cyberattacks, and system security for financial institutions. This is an issue that is receiving increasing attention globally as the number of ransomware attacks, data theft, and online financial fraud has been steadily rising in recent years.
Mr. Etienne Ranaivoson also emphasized the importance of digital financial education, especially for young people. According to him, users need to be equipped with the skills to identify online scams, protect their personal accounts, and develop safe habits in the digital environment from an early age. This is XEM a key factor in mitigating risks as digital assets become an increasingly important part of daily life.
