Vietnam Embarks on Five-Year Crypto Trading Pilot Program

2 mins mins

Key Points:

Vietnam’s government approves a crypto trading pilot project.
Regulatory clarity expected to last until 2027.
Potential for Vietnam to become a major crypto hub.

Vietnam has sanctioned a five-year pilot program for crypto asset trading, effective until 2027, marking a strategic move to integrate digital assets into its financial system.

This pilot aims to attract international investment and establish Vietnam as a significant crypto hub, leveraging controlled regulation to foster market growth and innovation.

Vietnam’s Five-Year Plan to Boost Crypto Investments

Vietnam’s government has approved a pilot crypto trading program to operate until 2027, focusing on regulatory clarity. Government bodies, including the Ministry of Finance, are overseeing this initiative to ensure compliance and competitive market conditions.

This program introduces significant changes to Vietnam’s regulatory environment, potentially transforming the nation into a major crypto hub. With multiple exchanges permitted, a competitive atmosphere aims to attract investments.

Nguyễn Đức Chi, Deputy Minister of Finance, Vietnam, stated, “The pilot project on crypto asset market had been basically completed… with a resolution expected to be issued within August or September. During the pilot phase, there would be more than one exchange allowed to operate to create a healthy competitive environment.”

Market reactions, including institutional engagement, underline the anticipation surrounding the pilot. Vietnam Blockchain Association’s support highlights the project’s potential, while corporations like Binance are expressing readiness to invest.

Vietnam’s Growing Crypto Market: Past and Future Insights

Did you know? With over 17 million crypto users, Vietnam ranks fifth globally, indicating a fertile ground for pilot success and broader adoption in the crypto space.

Bitcoin (BTC) is trading at $112,760.98, with a market cap of $2.25 trillion, representing a 0.72% daily price increase. Its dominance in the market stands at 57.42%, according to CoinMarketCap.

bitcoin-daily-chart-3249 — Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 11:12 UTC on September 9, 2025. *Source: CoinMarketCap*

Insights from Coincu research suggest this pilot could lead to enhanced financial inclusion and technological growth in Vietnam, aligning with trends in countries like Singapore and Japan. A well-regulated crypto market may bolster Vietnam’s economy and attract global investors.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.