Vietnam Prepares to Launch Regulated Crypto Market

The Vietnamese government has made significant progress in developing a regulatory framework for its crypto market. As part of this effort, five companies have passed an initial screening round to offer digital asset trading platform services.

The approved firms include affiliates of Techcombank, VPBank, and LPBank, as well as VIX Securities and Sun Group. These companies will need to meet strict guidelines for safety and transparency, including supporting trading in Vietnamese dong from 2026 and complying with anti-money laundering regulations.

Vietnam's crypto market has been growing rapidly, with the country ranking fourth globally in Chainalysis' 2025 Global Crypto Adoption Index. The government aims to capitalize on this trend by creating a more structured and regulated environment for crypto trading, which could attract both local and international investors.