As the pilot trading platform for crypto assets is set to be launched before February 28, many domestic enterprises are expediting preparations, from capital increases to system upgrades, in a bid to seize opportunities in the emerging market.

VOV.VN - Vietnam has begun a pilot licensing programme for crypto-asset market service providers, marking a significant step toward bringing the fast-growing sector under formal state regulation after years of operating in a legal grey area.

VOV.VN - Deputy Prime Minister Ho Duc Phoc led a high-level Vietnamese delegation to visit Russia from October 23-29 to study crypto asset market management, decentralized governance models, and blockchain applications.

VOV.VN - Vietnam hopes to learn from countries with more mature experience to develop the market responsibly, not only creating a professional platform for investors and the public but also attracting capital inflows to support economic growth.

VOV.VN - Starting from September 9, 2025, Vietnam pilots its first-ever crypto asset market, a move that signals a major policy shift from observation to building a regulated playing field.

The Da Nang city People’s Committee has approved the Basal Pay, the country’s first crypto asset conversion project, operating within the city’s controlled fintech sandbox environment.

The Ministry of Finance has submitted to the Government a draft decree on implementing a pilot programme for the issuing and trading of digital assets.

Authorities with potential responsibility for digital assets are stepping up moves for the development of a legal corridor where they will be covered.

Vietnam ranked fifth globally in the 2024 Global Crypto Adoption Index, according to the US blockchain analysis firm Chainalysis.

Vietnam was the third largest cryptocurrency gainer in the world in 2023, only after the US and UK, with nearly US$1.2 billion, according to US blockchain analysis firm Chainalysis.