#VietnamCryptoPolicy Vietnam to Launch First Regulated Cryptocurrency Exchange in March 2025
Vietnam is set to introduce its first legally regulated pilot cryptocurrency exchange in March 2025, signaling a major transformation from its previously unregulated crypto environment.
Acting on a directive from Prime Minister Pham Minh Chinh, the Ministry of Finance and the State Bank of Vietnam are expediting the development of a comprehensive legal framework for digital assets this month.
Key features of the regulatory rollout will include:
• Licensing requirements
• Anti-money laundering (AML) measures
• Cybersecurity protocols
• A fintech sandbox for controlled testing
The urgency for regulation has been fueled by the country’s rapidly growing crypto market: over 17 million holders and $120 billion in crypto transaction volume in 2023 alone.
If the pilot proves successful, it could pave the way for broader initiatives such as token issuance, investor protections, tax transparency, and ultimately establish Vietnam as a leading digital asset hub in the region.
The countdown to a new crypto era in Vietnam has officially begun.
