Vietnam Eyes Ban on Offshore Platforms and New Crypto Taxes
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Vietnam is also preparing stricter rules that could block citizens from using overseas exchanges like Binance, OKX, and Bybit.
Officials are concerned about capital outflows and rising use of crypto and stablecoins, prompting efforts to tighten oversight through domestic platforms.
At the same time, regulators are drafting a tax framework that would treat crypto similarly to stocks—introducing a 0.1% tax per transaction for individuals, while companies could face up to 20% tax on trading profits.
Together, these measures signal a major shift toward a controlled and regulated crypto market within Vietnam.