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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 cryptocurrency pilot program in the second quarter of 2026, transforming previously offshore, largely unregulated crypto trading into an onshore, regulated market. Currently, Vietnamese traders’ annual cryptocurrency trading volume is $220–$230 billion, with daily trading exceeding $600 million. The new pilot will only allow institutions that are locally registered and meet strict capital and compliance requirements to participate, and the trading assets must be backed by real-world assets and settled in Vietnamese dong. (Source: ChainCatcher)