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Vietnam to Launch Its First Regulated Crypto Trading Platform
On April 26, the Vietnamese government announced plans to initiate a five-year pilot project for crypto assets in the second quarter of 2026, transitioning from previously offshore and unregulated crypto trading to a regulated domestic market. Currently, Vietnamese traders engage in annual cryptocurrency trading volumes of $220 to $230 billion, with daily transactions exceeding $600 million. The new pilot will only allow locally registered institutions that meet strict capital and compliance requirements to participate, and the trading assets must be backed by real-world assets and settled in Vietnamese dong.