Hanoi, Aug. 27 -- The Da Nang city People's Committee has approved the Basal Pay, the country's first crypto asset conversion project, operating within the city's controlled fintech sandbox environment. This comes as the country is accelerating the implementation of the breakthrough policies outlined in the Politburo's Resolution No.57/NQ-TW, which established controlled pilot mechanisms to reduce legal barriers while encouraging innovation. Basal Pay, developed by AlphaTrue Solutions JSC, a member of the Vietnam Blockchain and Digital Asset Association, integrates the Financial Action Task Force (FATF)'s Travel Rule standards to ensure compliance with international requirements on transparency, anti-money laundering, and counter-terroris...