Cryptocurrency News: Vietnam's Ban on Overseas Exchanges, Israel Strikes Iran

This week's cryptocurrency news highlights various developments in regulations, partnerships, and technological advancements. Vietnam's Ministry of Finance is drafting regulations to ban Vietnamese citizens from trading on overseas cryptocurrency platforms while promoting a license program for domestic exchanges.

Chainalysis data shows that Vietnam's cryptocurrency transaction volume exceeded $200 billion in the 12 months ending June 2025, ranking fourth globally in the cryptocurrency adoption index. Crypto assets have been integrated into scenarios such as cross-border remittances, savings, and gaming.

Israel Defense Forces announced large-scale airstrikes against Iran. PayPal expanded its stablecoin PYUSD wallet holdings to 70 countries and regions, increasing from only the United States and the United Kingdom. BlackRock transferred over $94 million in BTC and ETH to Coinbase.