Vietnam Proposes Legalizing Crypto Trading in Financial Centers by 2026

In Brief:

Vietnam's draft bill proposes allowing crypto trading in financial hubs starting July 1, 2026.

Da Nang and Ho Chi Minh City will serve as regional and international financial centers, respectively.

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Vietnam is moving toward regulated cryptocurrency trading, with a new draft resolution proposing to legalize digital asset transactions in financial centers from mid-2026. The plan, spearheaded by the Ministry of Planning and Investment, aims to establish Da Nang as a regional financial center and Ho Chi Minh City as an international hub.

The proposal outlines controlled trials (sandboxes) for crypto exchanges under the supervision of the Financial Center Management Committee, ensuring regulatory oversight and risk management. Additionally, commercial banks are set to launch digital banking models starting January 1, 2026, aligning with Vietnam’s broader fintech transformation.

If approved, this move could position Vietnam as a key player in the global digital asset economy, attracting investment and fostering innovation in the crypto space.

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