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      Vietnam to License Cryptocurrency Service Providers in 2026

      Vietnam is set to issue licenses for its first batch of cryptocurrency service providers in 2026, marking a significant step in the country's regulatory approach to digital assets. This initiative will allow selected digital asset platforms to commence operations under a newly established pilot legal framework.

      Nguyen Duc Chi, the Deputy Minister of Finance of Vietnam, recently met with Mariana Kuhnel, the Executive Director of the Austrian Financial Market Authority (FMA), in Vienna. The discussions focused on enhancing bilateral cooperation and sharing regulatory experiences in the financial sector.

      Vu Thi Chan Phuong, Chairwoman of the State Securities Commission of Vietnam, emphasized that the forthcoming regulatory mechanism will encompass service providers and investor transactions. The framework aims to prioritize risk management, investor asset protection, and measures against money laundering. Additionally, Kuhnel suggested organizing an online technical seminar to further strengthen collaboration through the International Organization of Securities Commissions (IOSCO).

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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