Vietnam plans to launch its regulated cryptocurrency market in 2026 as authorities move to strengthen oversight and transparency in digital asset trading. The Vietnam crypto market is advancing through new licensing rules, exchange approvals, and tax proposals while the country remains one of the world’s most active crypto hubs.
Vietnam Crypto Market Nears Launch
Vietnam is preparing to launch its regulated cryptocurrency market in the third quarter of 2026 as authorities respond to rising demand for digital assets.
The planned Vietnam crypto framework was announced by Deputy Minister of Finance Nguyen Duc Chi during the Digital Trust in Finance 2026 forum.
Officials expect the first activities of the Vietnam crypto market to begin under rules focused on transparency and investor protection. The move marks another important step in bringing one of Asia’s busiest digital asset sectors under formal supervision.
Earlier this year, regulators introduced a licensing pathway for domestic cryptocurrency trading platforms. Authorities are now accelerating efforts to strengthen oversight while supporting the country’s broader digital economy strategy.
Vietnam aims for the digital economy to contribute at least 30% of gross domestic product by 2030. The government also targets 80% cashless transactions and greater innovation across local businesses.
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Vietnam Crypto Exchanges Move Forward
Vietnam has increased preparations for its regulated digital asset sector over recent months. In March, five Vietnamese companies reportedly passed the first qualification stage to launch the country’s first regulated cryptocurrency exchange.
The firms included affiliates connected to private banks Techcombank, VPBank, and LPBank. Stockbroker VIX Securities and conglomerate Sun Group also entered the approval race.
In February, authorities drafted a tax regime for transactions involving cryptocurrencies. This draft proposed a tax of 0.1% on every personal cryptocurrency transaction made via registered brokers.
Authorities desire to have Vietnam’s crypto economy operate based on a regulatory regime similar to that applied in traditional stock exchanges, but directing crypto transactions to domestic exchanges.
Vietnam Remains Leading Crypto Hub
Vietnam continues to be a major force in the international cryptocurrency market. According to the Chainalysis Global Crypto Adoption Index 2025, Vietnam ranks fourth, after India, the US, and Pakistan.
The Vietnam crypto market held its ground as the third-biggest in Asia by on-chain transaction volume, racking up an impressive total of around $200 billion over the period from January through June 2025.
Amidst the rise in market performance, however, many traders found themselves using overseas exchanges like Binance, OKX, and Bybit.
In order to facilitate community participation, Vietnam started a crypto pilot that would span five years from September 2025.
This is because there would be an obligation on behalf of all players to ensure that the transactions went through the Vietnamese dong using locally registered organizations.
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