Vietnam Approves Crypto Regulation Amid Expanding Adoption

Vietnam’s State Bank, alongside key government entities, announces regulatory changes to support crypto adoption and credit growth, setting frameworks for asset legality and business operations, effective January 2026.

This marks a significant policy shift, impacting BTC and ETH as legal holding rights could increase institutional focuses and market stability, enticing potential crypto investment.

Vietnam’s central bank, the State Bank of Vietnam (SBV), in collaboration with lawmakers, legally recognized crypto holdings in October 2025, aiming to support rapid adoption and credit growth. This move by Vietnam’s government broadens the scope for regulated crypto activities, aligning with global practices and providing a structured environment for market innovation.

Expansion of Legal Frameworks for Crypto Assets

• Lawmakers in Vietnam are formalizing regulations for crypto assets and expanding legal frameworks.
• Crypto legal framework boosts investor confidence in 11 words.
• New regulations could elevate Vietnam’s financial market innovation capabilities.

Resolution 05: Vietnam’s Shift in Crypto Policy

Vietnam’s central bank and lawmakers are shifting towards a regulatory framework for crypto assets by adopting Resolution 05 in October 2025. This change marks a significant transition from previous bans on crypto.

The National Assembly and State Bank of Vietnam lead these changes, focusing on establishing a legal environment for crypto holdings. By creating this framework, they aim to boost confidence in Vietnam’s financial markets.

Institutional Involvement and Market Oversight by 2026

The adoption of regulatory measures is expected to impact crypto ownership, providing clarity for institutional involvement. This initiative also aims to gradually allow publicly traded exchanges under strict oversight by 2026.

This regulation promotes financial integration and market expansion, setting Vietnam on a path similar to other innovative markets. Industries related to crypto are anticipated to gain from this operational transparency.

Vietnam’s Cautious Approach to Crypto: A Changing Landscape

Vietnam has historically maintained a cautious stance on crypto, but the current regulatory measures aim to shift public perception and utilization of digital assets by adhering to global standards.

Our role is to provide legal clarity on cryptocurrencies, ensuring that new legislation aligns with international best practices. — Trần Quốc Vượng, Minister of Justice

Experts predict an increase in market activity, anticipating that structured regulations will attract international firms and enhance Vietnam’s status as a progressive financial hub within Southeast Asia.

Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor.