Deputy Prime Minister Ho Duc Phoc has signed a resolution, giving the go-ahead for the five-year pilot of crypto asset trading.
Deputy Prime Minister Ho Duc Phoc signed a resolution on September 9, giving the go-ahead for the five-year pilot of crypto asset trading.
Resolution 05/2025/NQ-CP of September 9 highlights Vietnam’s cautious yet progressive entry into regulated cryptocurrency market, establishing strict control and protecting the legitimate rights and interests of both domestic and foreign organizations and individuals.
Under the resolution, all issuance, trading, and payment activities involving digital assets must be conducted in Vietnamese dong.
Only enterprises licensed by the Ministry of Finance will be allowed to organize…
