Vietnam's Ministry of Finance to Launch Strict Crypto Pilot Program in 2026
Vietnam's Ministry of Finance is set to launch a crypto pilot program, but with strict conditions. The government aims to start this program by 2026, allowing only a limited number of enterprises to participate.
The crypto pilot program will have a limited product scope, excluding stablecoins and tokenized securities. Enterprises must meet stringent requirements to join, including a minimum capital of 10 trillion dong (~$379 million). As of now, no businesses have officially registered due to these high entry barriers.
Vietnam's cautious approach mirrors a regional trend of balancing crypto innovation with financial stability. The government plans to limit participation to just five enterprises. The approval process is being fast-tracked to ensure a swift launch by January 1, 2026.
Vietnam's crypto pilot program is designed with strict regulations, aiming to control the market while allowing for some innovation. Despite the high entry requirements, no companies have yet registered. The program is expected to begin in early 2026.
