Vietnam plans to issue licenses to its first group of crypto-asset service providers in 2026 under a pilot legal framework, while also allowing the first digital asset platforms to begin operating. The update was reported by ChainCatcher.
The plan was discussed as Vietnam’s Deputy Minister of Finance Nguyen Duc Chi met Mariana Kuhnel, executive director of Austria’s Financial Market Authority, in Vienna. The two sides discussed bilateral cooperation and exchanges on financial regulatory experience.
Vu Thi Chan Phuong, chair of Vietnam’s State Securities Commission, said the regulatory mechanism will cover both service providers and investor transactions. The main areas named were risk management, protection of investor assets, and anti-money laundering.
Kuhnel also proposed that the two sides hold online technical workshops and strengthen coordination through the International Organization of Securities Commissions, or IOSCO.
Vietnam plans to issue licenses to its first batch of crypto-asset service providers in 2026 under a pilot legal framework, and to allow the first digital asset platforms to begin operations, according to ChainCatcher.
Vietnam and Austria discuss regulatory cooperation
Nguyen Duc Chi, Vietnam’s deputy minister of finance, met Mariana Kuhnel, executive director of Austria’s Financial Market Authority (FMA), in Vienna to discuss bilateral cooperation and exchanges on financial regulatory experience.
Framework to cover providers and investor transactions
Vu Thi Chan Phuong, chair of Vietnam’s State Securities Commission, said the regulatory mechanism will cover service providers as well as investor transactions. The focus areas include risk management, protection of investor assets, and anti-money laundering.
Kuhnel proposed that the two sides hold online technical workshops and step up coordination through the International Organization of Securities Commissions (IOSCO).
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