🚨 If you’re holding USDT in a cold wallet, it’s time to pay attention to the new regulations!
When trading through domestic exchanges, proving the source of your assets to meet AML requirements may become important.
USDT from Binance or OKX, with clear KYC and transaction histories, may be easier to verify than assets held in self-custody wallets.
In particular, make sure you understand the six-month period starting from when the first exchange is licensed: this deadline relates to trading outside licensed exchanges; it does not mean you are required to transfer all your crypto to Vietnam.
👉 Keep your transaction history and proof of funds, and prepare your asset documentation in advance. Don’t wait until you need to prove everything before trying to recover your records!
When trading through domestic exchanges, proving the source of your assets to meet AML requirements may become important.
USDT from Binance or OKX, with clear KYC and transaction histories, may be easier to verify than assets held in self-custody wallets.
In particular, make sure you understand the six-month period starting from when the first exchange is licensed: this deadline relates to trading outside licensed exchanges; it does not mean you are required to transfer all your crypto to Vietnam.
👉 Keep your transaction history and proof of funds, and prepare your asset documentation in advance. Don’t wait until you need to prove everything before trying to recover your records!
