At the Vietnam Capital Market Outlook Forum 2026, themed “Breaking Through on a New Platform,” held on the afternoon of December 12th in Hanoi, Vice Chairman of the State Securities Commission Bui Hoang Hai Chia noteworthy information regarding the roadmap for the formation and operation of the cryptocurrency market in Vietnam. The event, jointly organized by the Vietnam Financial Advisory Association and VietnamFinance magazine, attracted significant attention from the financial, technology, and investment communities.
According to Mr. Bui Hoang Hai, 2025 is XEM a significant milestone as Vietnam officially lays the first foundation stones for the cryptocurrency market. The Government's issuance of Resolution 05 on the pilot implementation of the cryptocurrency market has created an initial but groundbreaking legal framework, helping Vietnam stay ahead of the global financial innovation wave, while approaching this field proactively, cautiously, and with controlled risks.
According to the leaders of the State Securities Commission, the Ministry of Finance is currently working closely with the Ministry of Public Security, the State Bank of Vietnam, and other relevant agencies to develop a detailed system of guiding documents and improve the coordination mechanism for managing and supervising the cryptocurrency market. The regulatory body's approach is to proceed step by step, avoiding haste, in order to ensure the safety of the financial system and the rights of investors.
BingX : A reliable trading platform with a range of benefits for users of all levels.
Mr. Hai emphasized that developing the cryptocurrency market is not simply about allowing the establishment of exchanges. More importantly, it requires building a complete and secure ecosystem where service providers meet high standards in terms of financial capacity, technological infrastructure, and risk management. Simultaneously, investors also need to raise their awareness and responsibility when participating in a market that is new, has great potential, but also carries many risks.
Amidst the rising trend of fraud and misappropriation of assets through cryptocurrencies and digital assets, regulatory authorities are implementing stricter control measures. The Vice Chairman of the State Securities Commission stated that the draft decree on administrative penalties for violations in the field of crypto assets has been finalized and is expected to be submitted to the Government within the next one to two months. This is XEM an important step to increase deterrence and restore order and discipline in the market.
