The Ministry of Finance has recently announced the completion of the preliminary assessment phase for applications seeking licenses to operate crypto asset trading platforms, under the pilot framework outlined in Resolution No. 05/2025/NQ-CP.

The recent approval of several next-generation digital asset exchanges—after passing stringent licensing and evaluation processes—is not merely an administrative milestone. It marks the beginning of a new era of transparent competition

The Ministry of Finance expects to grant pilot licenses for crypto-asset trading floors such as Bitcoin, Ethereum, etc. in 2025.

After the pilot crypto market was allowed, a wave of registrations for legal entities, capital contributions and strategic cooperation agreements quickly took place