#VietnamCryptoPolicy Vietnam’s New Crypto Sandbox & Pilot Exchange

1. Pilot crypto exchange coming soon

Deputy Finance Minister announced that a regulated pilot cryptocurrency/digital-asset exchange is set to launch in March 2025 under a government-approved legal framework .

This marks a key move toward transparency, investor protection, and harnessing tax opportunities (estimated ~0.1% on gains) .

2. Sandbox model in financial hubs

Regulations will initially apply within special financial centers (e.g., Ho Chi Minh City & Da Nang), where a fintech “sandbox” will test licensing, AML/KYC, cybersecurity, NFTs, token issuance, mining controls, etc. .