Vietnam to launch pilot crypto asset market for foreign investors.

Vietnamese authorities are preparing regulations for a pilot crypto asset market. Initially, issuance and offerings will be available only to foreign investors, according to VietnamPlus.

The regulation is based on government resolution No. 05/2025/NQ-CP dated September 9, 2025. The document excludes securities and fiat currencies from the category of crypto assets and requires that instruments within the model be backed by real…