Vietnam Approves Five-Year Pilot for Regulated Crypto Trading
Vietnam has launched a five-year pilot program to regulate its fast-growing crypto market, where an estimated 17 million citizens already hold digital assets.
The framework allows only domestic firms to operate exchanges, requires at least $379 million in capital, and caps foreign ownership at 49%. All transactions must be conducted in the Vietnamese dong. Issuance of new tokens will also be limited to local companies, though they may sell them to foreign investors.
Citizens and overseas investors can open accounts, signaling Vietnam’s shift from years of caution to a more structured approach. With crypto adoption already among the highest globally. The move positions Vietnam as a rising hub ahead of new digital asset laws taking effect in 2026.
Clever Robot News Desk 12th September 2025
