Vietnam’s Ministry of Finance has confirmed plans for a limited cryptocurrency-exchange pilot program that will authorize no more than five operators before 2026.
Deputy Finance Minister Nguyen Duc Chi said the pilot is a “controlled rollout” to test risk management, investor protection, and regulatory readiness ahead of potential legalization.
Applicants must satisfy stringent requirements around capital adequacy, anti-money-laundering compliance, and consumer protection. These rules will later serve as the foundation for Vietnam’s full-scale exchange licensing framework.
Despite being among the world’s top ten countries for crypto adoption, Vietnam still lacks legal recognition for digital asset trading, leaving investors exposed to unregulated risks.
Analysts believe the pilot could mark Vietnam’s first major step toward integrating crypto into its financial system. Economists say the cap of five exchanges reflects a cautious but deliberate approach as the country balances innovation with oversight.
You need to login in order to Like
Leave a comment