Wu Blockchain (@WuBlockchain): Vietnam's Crypto Regulation: Conservative Overall, but Explicitly Supportive
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Vietnam's Crypto Regulation: Conservative Overall, but Explicitly Supportive On February 9, 2026, the CEO of Coin98 @imlethanh98 shared his insights on the Vietnamese crypto market during an interview with WuBlockchain. He stated that Vietnam's current regulatory framework is conservative overall but explicitly supportive in its direction. From a strategic perspective, Vietnam has classified blockchain as one of the key technologies of the "Fourth Industrial Revolution" and a core focus for 2025 to 2030. Initially, regulators are taking a cautious approach to manage risks, potentially issuing only five exchange licenses, limiting services to spot trading, and requiring all tokens to be quoted in VND. More services will be gradually offered based on market conditions. The government's long-term goal is to develop blockchain into a strategic core technology that empowers the entire Vietnamese economy.