VASP Tracker › Vietnam
Vietnam Crypto Licensing: Pilot Market
In force / passed In force / passed: 9 Sep 2025 (in force)
- Regulator
- Ministry of Finance
- Legal basis
- Resolution 05/2025/NQ-CP · pilot crypto-asset market
SSC · Resolution 05/2025/NQ-CP (EN, PDF) - Official register
- No register linked yet.
What Is Changing
Vietnam is running a five-year pilot of a licensed crypto-asset market under Government Resolution 05/2025/NQ-CP, in force since 9 September 2025. The Ministry of Finance licenses crypto-asset service providers under the pilot.
Timeline
- in force
Resolution 05/2025/NQ-CP comes into force, opening a five-year pilot of a licensed crypto-asset market.
Sources: Resolution 05/2025/NQ-CP, art. on effect official
- applications open
The Ministry of Finance publishes the licensing procedures (Decision 96/QD-BTC) and the State Securities Commission starts accepting applications for a licence to operate a crypto-asset trading market. Under the pilot, an applicant needs at least VND 10,000 billion of paid-up charter capital.
Sources: SSC · Announcement, 20 Jan 2026 official · Government news portal (baochinhphu.vn) official
- pilot ends · our calculation
End of the five-year pilot period (VASP Tracker calculation).
Sources: Resolution 05/2025/NQ-CP official
A company-level tracker for Vietnam is in preparation. This page covers the rules and dates only. CSV
Cite This
VASP Tracker, “Vietnam crypto licensing: pilot market”, https://vasptracker.com/en/vn/ (21 Oct 2026), CC BY 4.0.