Vietnam to launch regulated crypto market in Q3 2026

Vietnam will launch its first regulated crypto asset market in Q3 2026, approving five companies to operate exchanges under strict rules, including capital, tax, and AML controls, aiming to shift trading to licensed domestic platforms.

Vietnam is preparing to officially launch its regulated crypto asset market as early as the third quarter of 2026. Authorities have approved five companies—including affiliates of major banks and local conglomerates—to operate the country’s first licensed digital asset exchanges. The regulatory framework, developed by the Ministry of Finance in collaboration with the Ministry of Public Security and the State Bank of Vietnam, aims to shift trading activity from international to domestic platforms. The framework emphasizes safety, transparency, and strict compliance with anti-money laundering standards. Exchanges must maintain at least $400 million in capital and limit foreign ownership to 49%. Individual traders will face a 0.1% transaction tax and must transfer funds to licensed platforms within six months or risk penalties. This initiative follows a five-year pilot program and supports Vietnam’s goal for the digital economy to comprise at least 30% of GDP by 2030. Vietnam ranks among the top five globally in crypto adoption, highlighting strong nationwide demand.