Vietnam to Launch Regulated Crypto Asset Pilot Program in 2026

Vietnam plans to initiate a five-year pilot program for regulated crypto asset trading in the second quarter of 2026. According to ChainCatcher, this initiative aims to transition from offshore, unregulated crypto trading to a domestic, regulated market. Currently, Vietnamese traders handle an annual crypto trading volume of $220 billion to $230 billion, with daily transactions exceeding $600 million. The pilot program will only permit participation from locally registered institutions that meet stringent capital and compliance requirements. Additionally, the traded assets must be backed by real-world assets and settled in Vietnamese dong.