Vietnam is preparing to block access to overseas crypto exchanges such as Binance as part of a broader push to bring digital asset trading under domestic control, according to recent reports.

Authorities are working on new regulations that would prohibit Vietnamese users from trading on foreign platforms and instead channel activity through locally licensed exchanges. The move is tied to a pilot program that will allow a limited number of domestic firms to operate regulated crypto trading platforms under government oversight.

The policy shift comes as Vietnam formalizes its crypto framework following the introduction of the Law on Digital Technology Industry, which took effect in 2026 and officially recognizes…