Vietnam Targets Q3 Launch for Regulated Crypto Market

Vietnam's Deputy Minister of Finance Nguyen Duc Chi announced that the country plans to launch its first regulated crypto market by Q3 2026 under a new digital asset framework. The move is part of Vietnam's broader digital economy strategy, which aims for a digital economy worth at least 30% of gross domestic product by 2030.

The government has been working on the regulatory framework since last year and has already taken several steps to promote the development of a regulated crypto market in Vietnam. In March, five Vietnamese companies reportedly passed the initial qualification round to launch the country's first regulated cryptocurrency exchange.

The upcoming regulated market framework is designed to bring more trading activity onto domestic, supervised platforms. Currently, most traders in Vietnam rely on offshore exchanges for their activity, with Vietnam ranking fourth in Chainalysis' 2025 Global Crypto Adoption Index, behind India, the United States, and Pakistan.