#VietnamCryptoPolicy Vietnam Advances Crypto Regulation with Pilot Launch & Legal Draft

Vietnam’s government, under PM Phạm Minh Chính, has fast-tracked a legal framework for digital assets—draft to be finalized by March 2025—through a joint effort of the Finance Ministry and State Bank .

March, the country will pilot a regulated digital asset exchange within designated financial centres via a fintech “sandbox”  However, the Finance Ministry requested removing the fixed July 1, 2026 start date for broader crypto transactions to allow more research 

This controlled approach aims to boost adoption (17 million users, ~$120 billion in flows), protect investors, and improve transparency.