Vietnam’s Crypto Pilot Raises Bar for Exchanges and Investors

[tradelikepro]

Vietnam’s upcoming crypto pilot program is setting one of the strictest regulatory frameworks globally, allowing only up to five licensed exchanges to operate. Authorities have imposed tough requirements, including limits on foreign ownership (49%) and mandates that at least 65% of capital comes from institutional investors.

This approach reflects a shift toward tighter oversight as the country balances rapid crypto adoption with rising concerns about fraud. With regulators signaling potential blocks on unlicensed offshore platforms, firms like CAEX are racing to establish compliant, onshore operations—making this pilot a critical gateway into Vietnam’s growing digital asset market.

[cryptoenthusiast]

blocking offshore platforms could significantly reshape where vietnamese users trade

[nihalsari]

five licenses, may the odds be ever in your favor