Vietnam's Deputy Finance Minister Nguyen Duc Chi announced that no businesses have yet applied to join the country's digital asset trading pilot program. Despite some companies preparing to apply, the government has capped participants at five. The Ministry of Finance is working to expedite approvals, aiming to launch the pilot before 2026. Firms must meet stringent compliance requirements, including a minimum capital of 10 trillion VND ($379 million) and restrictions on eligible crypto products. This initiative follows Resolution 05/2025, highlighting Vietnam's cautious stance on crypto adoption.
Vietnam's Crypto Pilot Awaits Business Applications
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
