Vietnam crypto licenses: 5 firms clear first review
Aug 30 2026 09:52 UTC - Olivia Stephanie
Vietnam says five crypto exchange applicants passed an initial review, while new penalties take effect Sept. 1 under a phased transition.
➤ Vietnam has advanced its digital asset market pilot by passing five crypto exchange applicants through an initial review, with new penalties for violations set to take effect.
➤ Applicants must meet stringent requirements, including substantial charter capital and advanced security certifications, before final licensing decisions are made.
➤ The first license issuance will trigger a six-month transition period, after which domestic traders will be required to use licensed Vietnamese platforms.
Read more at: https://rwatimes.io/articles/crypto-vietnam-crypto-licenses-5-firms-clear-first-review-2802564145?utm_source=binance
Aug 30 2026 09:52 UTC - Olivia Stephanie
Vietnam says five crypto exchange applicants passed an initial review, while new penalties take effect Sept. 1 under a phased transition.
➤ Vietnam has advanced its digital asset market pilot by passing five crypto exchange applicants through an initial review, with new penalties for violations set to take effect.
➤ Applicants must meet stringent requirements, including substantial charter capital and advanced security certifications, before final licensing decisions are made.
➤ The first license issuance will trigger a six-month transition period, after which domestic traders will be required to use licensed Vietnamese platforms.
Read more at: https://rwatimes.io/articles/crypto-vietnam-crypto-licenses-5-firms-clear-first-review-2802564145?utm_source=binance