Vietnam plans to pilot a digital asset exchange in March

Vietnam's Deputy Minister of Finance, Nguyen Duc Chi, announced plans to pilot a digital asset exchange in March. The state-licensed "trading hall" aims to protect the rights of participants while embracing the crypto revolution.

Both the Ministry of Finance and the State Bank are developing a regulatory framework for digital currencies, with Prime Minister Pham Minh Chinh pushing for its announcement this month. This move is part of a broader goal to drive economic growth to at least 8% by 2025, with Vietnam stepping up support for businesses issuing virtual assets and mobilizing financial resources.