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Vietnam plans to launch a pilot project for crypto assets, transforming unregulated crypto trading into a domestically regulated market.
ME News message: On April 26 (UTC+8), the Vietnamese government plans to launch a five-year crypto asset pilot project in the second quarter of 2026. The initiative will shift crypto trading, which had previously been mainly offshore and unregulated, to a regulated market within the country. At present, Vietnamese traders’ annual cryptocurrency trading volume is $220–230 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. (Source: ChainCatcher)