#CryptoRegulation With 26 million cryptocurrency owners, Vietnam is one of the 10 countries with the highest percentage of digital asset holders in the world. However, due to the lack of regulations governing this type of crypto asset, not only does the state lose tax revenue, but illegal trading activities also arise. The Government's completion of the Resolution on piloting the issuance and trading of crypto assets and regulations on digital assets included in the Law on Digital Technology Industry submitted to the National Assembly are attracting public attention. According to the Ministry of Finance, many individuals and organizations in the country own and trade crypto assets through international decentralized trading platforms, while Vietnamese law currently does not regulate crypto assets. This leads to organizations providing crypto asset services to Vietnamese investors not complying with anti-money laundering regulations, not fulfilling their obligations to pay taxes and fees as prescribed, etc. Therefore, the establishment of a state-licensed virtual currency exchange will help manage this activity, minimize risks and ensure transparency.