Vietnam Plans Crypto Market Launch in Q3: Report
Summary
Vietnam's Deputy Minister of Finance, Nguyen Duc Chi, announced that the nation aims to launch its regulated cryptocurrency market as early as the third quarter of 2026. This initiative is part of a broader strategy to formalize one of Asia's most active crypto markets, following the recent opening of a licensing pathway for domestic trading platforms. The government is also developing a tax framework for crypto transactions and has initiated a five-year pilot program requiring transactions to be conducted in Vietnamese dong through locally registered companies. These steps aim to transition traders away from offshore platforms like Binance and OKX to help achieve the country's ambitious digital economy goals by 2030.
(Source:Cointelegraph)