Vietnam plans to launch a pilot program for crypto asset trading, converting unregulated crypto transactions into domestically regulated markets

ME News reported that on April 26 (UTC+8), the Vietnamese government plans to launch a five-year crypto asset pilot program in the second quarter of 2026, shifting crypto trading that had previously been mainly offshore into onshore, regulated markets. Currently, Vietnamese traders’ annual cryptocurrency trading volume is $220 billion to $230 billion, with more than $600 million per day. The new pilot will only allow participation by locally registered institutions that meet strict capital and compliance requirements, and the trading targets must be real-world-asset-backed and settled in Vietnamese dong. (Source: ChainCatcher)
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