Hanoi

organization

Last mentioned: Mar 17, 2026

Timeline

  1. Overseas Ban Implementation

    Expected deadline for the enforcement of the ban on foreign trading platforms.

  2. Licensing Rush

    Reports emerge of local firms vying for licenses ahead of the finalized regulation.

  3. Drafting Phase

    The Ministry of Finance and State Bank begin drafting the virtual asset legal framework.

  4. FATF Gray Listing

    Vietnam is added to the FATF gray list, necessitating stricter AML/CFT regulations.

Stories mentioning Hanoi 1

regulation Neutral

Vietnam Tightens Crypto Grip: Local Firms Vie for Licenses Amid Overseas Ban

Vietnam is moving to formalize its massive digital asset market by introducing a licensing regime for local firms while simultaneously planning a ban on overseas trading platforms. The regulatory pivot aims to bring one of the world's most active retail crypto hubs under state oversight to combat money laundering and capital flight.

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