Pilot implementation of crypto asset market for 5 years

The Government has just issued Resolution No. 5/2025/NQ-CP on piloting the crypto asset market in Vietnam.

Activities in the pilot crypto-asset market include offering and issuing crypto-assets; organizing trading markets and providing services. The pilot implementation of this market is based on the principles of prudence, control, safety, transparency and protection of the rights and legitimate interests of participating organizations and individuals.

Organizations and individuals participating in the market must ensure regulations on information disclosure, issuance, trading, as well as the purpose of using crypto-assets; comply with laws on anti-money laundering, information security - network security, data protection and other specialized regulations.

The offering, issuance, trading and payment of crypto assets are made in Vietnamese Dong. Crypto assets are used for exchange or investment purposes. Tax policies on transactions, transfers and businesses are applied as securities until there are separate regulations.

Vietnam will pilot the crypto market for five years, then continue to operate until new regulations are in place. The resolution takes effect from September 9, 2025.

Source: https://baodanang.vn/trien-khai-thi-diem-thi-truong-tai-san-ma-hoa-trong-5-nam-3301540.html