Ho Chi Minh City and Binance Collaborate to Build an International Financial Center, Vietnam's Crypto Financial Strategy Takes Root in Southeast Asia
Autumn Economic Forum At the Autumn Economic Forum in 2025, a highly anticipated collaboration was officially established. The Ho Chi Minh City Department of Finance signed a Memorandum of Understanding (MOU) with Binance, a global leading cryptocurrency exchange, to jointly advance the planning and construction of the 'Vietnam International Financial Center' in Ho Chi Minh City. This high-profile signing ceremony is not only a landmark event in Vietnam's deepening financial reform and opening up but also clearly conveys its intention to deeply bind blockchain and digital assets to shape the strategic determination of the regional financial future.
Beware! 60% of RWA projects are 'air coins'! 3 real cases expose scammer tactics, 5 tips to help you stay safe from pitfalls.
Invest 10,000, earn 500 daily! "Hotel assets on the blockchain, guaranteed profit!" Recently, many people have been captivated by the acronym 'RWA'—after all, 'turning houses and artworks into tokens on the blockchain, making big money with a low threshold' sounds like a chance to pick up money. But did you know? Last year, 60% of the 2000 new RWA projects worldwide were outright scams! Even more ridiculous, some people managed to package 'a hair blessed by the Buddha' as an RWA token, claiming it was worth tens of thousands, while the actual cost was less than 100. How many thought they were riding the wave of 'financial innovation' only to become the 'ATM' for scammers? Today, we will expose the RWA scams, with 3 real cases + 1 guide to avoid pitfalls, helping you dodge 99% of traps!
What is the difference between stablecoins and RWA tokens?
1Essentially different: Stabilizer vs Mapper The essence of stablecoins is to serve as the 'value stabilizer' and 'transaction medium' in the crypto world. It primarily pursues one thing: price stability. Whether it's USDT or USDC, which are pegged to the dollar at a 1:1 ratio, or tokens linked to gold, their core design goal is to minimize volatility and act as 'digital cash' on the blockchain. The essence of RWA tokens is to serve as 'asset mappers' and 'ownership certificates' for real-world assets. It transforms the ownership or income rights of physical assets (such as a building, a government bond, or a piece of art) into tradable digital certificates on the blockchain. Its value is not guaranteed by protocol algorithms but entirely follows the value fluctuations of the underlying assets.
A Warm Breeze from Washington: U.S. Regulatory Changes, RWA Sector Welcomes 'Coming of Age'
On December 3, 2025, U.S. time, news of personnel appointments from Washington may quietly rewrite the game rules for global digital assets. The nominees for the heads of two key financial regulatory agencies—CFTC (Commodity Futures Trading Commission) and FDIC (Federal Deposit Insurance Corporation)—nominated by Trump have successfully passed through the Senate committee. This is not just a personnel change; the market interprets it as a fundamental shift in the U.S. regulatory logic regarding crypto assets, especially the tokenization of real-world assets (RWA).