Deadline for launching domestic crypto exchanges in Vietnam?
May 2027 has been set as the deadline for domestic crypto exchanges in Vietnam to meet all operating conditions. According to a representative from the State Securities Commission of Vietnam (SSC), 5 organizations have initially been selected to participate in the pilot phase, including: VIXEX, SCEX, CAEX, TCEX, and Moonbase.
These entities will have a one-year period from the date of certification to comply with extremely rigorous standards. Among them, the greatest challenge is achieving Level 4 security standards for their IT systems and meeting a minimum charter capital requirement of up to 10,000 billion VND in accordance with Resolution No. 05.（Vietnam Crypto Exchange）
Regarding asset listings, regulatory authorities will grant decision-making power to the exchanges, but encourage prioritizing popular and highly liquid global cryptocurrencies such as Bitcoin. Although the May 2027 deadline has been outlined, the official launch time for the first legal exchange ultimately depends on the infrastructure and security preparation progress of each individual enterprise.
When do you predict the domestic exchange will officially launch?