Vietnam is taking significant steps toward formalizing its cryptocurrency sector. In March 2025, the Ministry of Finance announced plans to pilot a cryptocurrency exchange, aiming to enhance transparency and security in the digital asset market . This initiative is part of a broader effort to develop a comprehensive legal framework for digital assets. The government is also collaborating with global exchanges like Bybit to establish a controlled sandbox environment for crypto trading, with full implementation expected by mid-2026 . These measures reflect Vietnam's commitment to integrating blockchain technology into its digital economy while ensuring investor protection and regulatory oversight.
