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Vietnam targets 2026 launch for first licensed crypto service providers

Vietnam targets 2026 launch for first licensed crypto service providers

Vietnam has said its first crypto asset service providers are expected to receive licenses and begin operations in 2026 as regulators build a supervision system around the country’s five year digital asset market pilot.

Summary

  • Vietnam expects its first licensed crypto asset service providers to begin operations in 2026 under its five year pilot framework.
  • Five companies have passed an initial assessment, but no final exchange license had been issued as of Aug. 30.
  • Regulators are developing supervision rules focused on risk management, investor asset protection and anti money laundering controls.
  • Vietnam is seeking regulatory experience from Austria and the EU as it…

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