$TRUMP 【Vietnam Plans to Carry Out a Crypto Asset Pilot Program, Turning Unregulated Crypto Trading into a Regulated Domestic Market】



The Vietnamese government plans to launch a 5-year crypto asset pilot program in the second quarter of 2026, turning unregulated crypto trading that has previously been mainly offshore into a domestic, regulated market. Currently, Vietnamese traders’ annual crypto trading volume is $2200-2300 billion, with daily trading exceeding $600 million. The new pilot will only allow participation by locally registered institutions that meet strict capital and compliance requirements, and the trading assets must be backed by real-world assets and settled in Vietnamese dong. 🦅
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_Anjey_
· 48m ago
👍
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GateUser-4d748925
· 1h ago
wow
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CliffsideAncientPineAndRolling
· 2h ago
Vietnam is planning to bring the gray market back home this time.
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PineappleBtc
· 2h ago
For project teams, RWA requirements will filter out a bunch of worthless tokens, benefiting compliant assets.
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SoominStar
· 2h ago
LFG 🔥
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KiteAndBlock
· 2h ago
An average daily volume of $600 million indicates that private sector demand is truly strong; it's a classic case of "unblocking rather than blocking."
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L2ArbitrageTrader
· 2h ago
Will Vietnamese dong settlement affect liquidity? How it connects with the USDT system is the key.
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GateUser-e3701961
· 2h ago
5-year pilot = First restrict and nurture, then gradually loosen? The policy window period is worth monitoring.
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BlueChipSkeptic
· 3h ago
Once strict capital and compliance thresholds are in place, only a few major institutions may be able to enter the market.
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MetalFrameBookPageCross
· 3h ago
It all depends on the implementation details: to what extent are custody, audits, and KYC conducted? They might be even stricter than Singapore.
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