Vietnam launches national crypto pilot programme with real asset backing

Vietnam is taking a leap into the future of digital innovation. With the enactment of its first-ever legal instrument for crypto asset trading, Vietnam is laying the groundwork for a regulated pilot crypto asset market and a thriving digital economy. VILAF Senior Partner Duyen Ha Vo and Senior Associate Quynh Anh Le explore the sweeping reforms that open the door for a crypto asset trading market in Vietnam: https://lnkd.in/gEh-3BSu #VietnamLaw #CryptoAssets #DigitalAssets #BlockchainLaw #CryptoTrading #FinTechVietnam #PilotCrypto

Vietnam introduces tough licensing for crypto exchanges. 🇻🇳 A new 5-year regime sets a ₫10 trillion (~$378M) capital floor, caps foreign ownership at 49%, and enforces top-tier security standards. The move formalizes crypto under regulation, but also raises the barrier for smaller players. 📌 Follow BitDigest for more updates on crypto and modern finance in Asia. #Bitdigest #VietnamCrypto

🌏 Asia’s Crypto Playbook Is Changing China Renaissance’s reported $600M bet on BNB signals a shift in Asia’s crypto strategy — from speculation to infrastructure and utility. BNB is emerging as more than a token — it’s becoming a core layer in Asia’s new digital finance push. As Western funds chase yield, Asia seems to be building the rails. The next phase of crypto growth may not come from the West… but from Asia. #CryptoRead #MarketUpdate #BNB #AsiaCrypto #Web3 Read complete update - https://lnkd.in/gtzDpGU6

🚀 Vietnam rolls out 5-year regulated crypto market pilot Vietnam’s government has officially launched a pilot program for a regulated crypto-asset market, under Resolution 05/2025/NQ-CP, effective September 9, 2025, running for five years. Here are the key points: Only enterprises licensed by the Ministry of Finance can organise crypto asset exchanges, issuance platforms, or related services. Minimum capital requirement for service providers is 10 trillion VND (~US$379 million). At least 65% of the capital must come from institutional investors. Foreign ownership capped at 49%. Crypto assets issued must be backed by real assets; issuance of assets based on securities or fiat currencies (including stablecoins) is not allowed. All issuance, trading, and payments must be in Vietnamese Dong. Issuers must publish a prospectus at least 15 days before offering crypto assets. This marks a major shift: moving Vietnam’s large crypto user base from a gray-zone into a regulated framework, emphasizing investor protection, transparency, and risk controls. #Vietnam #CryptoRegulation #DigitalAssets #Blockchain #Fintech #CryptoPilot #InvestorProtection #FinancialInnovation

Thailand Announces 5-Year Crypto Tax Exemption to Boost Digital Asset Hub Ambitions Overview Thailand’s Ministry of Finance has introduced a personal income tax exemption on capital gains from cryptocurrency and digital token trades, effective 2025 through 2029. Key Details ✅ Applies to individuals trading through licensed exchanges, brokers, or dealers 🧾 Covers capital gains from crypto and token trades 📅 Valid for five years (2025–2029) Strategic Objective This move aims to: -Strengthen Thailand’s position as a regional hub for digital assets -Encourage compliant trading under Thai financial law -Attract foreign investment into its regulated crypto ecosystem Market Impact By offering a tax-free environment, Thailand aligns itself with global crypto-friendly jurisdictions like Singapore and Dubai, potentially driving a surge in local exchange activity and fintech innovation. The Bigger Picture This reflects a growing global trend of governments recognizing crypto as a legitimate asset class and competing to attract blockchain investment through progressive policy frameworks. 💬 What do you think — will more countries follow Thailand’s lead in offering crypto tax relief? 🔥 The first 1,000 signups get zero platform fees for one year! 👉 Join the waitlist today: link in bio! . . #CryptoTax #Thailand #CryptoNews #Bitcoin #Ethereum #DigitalAssets #CryptoAdoption #GloFi #GloFiWallet

🇻🇳 Vietnam is dipping its toes into the crypto pool—but only with five lifeguards on duty. The government just greenlit a highly-restricted crypto trading pilot, capped at five officially licensed exchanges. It’s a cautious, regulatory-first approach that screams: “gm... but slowly.” 🐢 No free-for-all Binance buffet here—just a tightly supervised sandbox. The goal? Test the waters without letting the entire DeFi ocean flood in. 🌊 This could mean two big things: 1) Vietnam isn’t anti-crypto—they just want control. 2) Regulatory clarity might be coming (👀 could this set precedent across Asia?) Also, question for the TL: 🏦 How would a “5 exchanges only” policy fly in your country? Or even in the UK? Would crypto still flourish under tighter caps if taxes were crystal clear? Let us know your thoughts 👇💬 And whether it's 5 exchanges or 500, remember: the taxman doesn’t care—if you’re trading, staking or selling, make sure you’ve got your reporting sorted. 🇬🇧 UK-based and unsure where to start? We got you ➡️ https://taxanon.co.uk #CryptoNews #VietnamCrypto #CryptoRegulation #CryptoTaxes #DeFi #TaxAnon #CryptoTwitter

World’s largest crypto exchange Binance makes official entry into S. Korea Binance, the world’s largest crypto exchange, has officially re-entered South Korea by acquiring a majority stake in local exchange **GOPAX**. After regulatory delays, the country’s **Financial Intelligence Unit (FIU)** resumed its review, signaling Binance’s full market comeback by late 2025. The move restores Binance’s foothold in a key Asian crypto market, boosting competition and liquidity while strengthening compliance with South Korea’s strict financial regulations.

🚀 𝗞𝗮𝘇𝗮𝗸𝗵𝘀𝘁𝗮𝗻 𝗵𝗮𝘀 𝗹𝗮𝘂𝗻𝗰𝗵𝗲𝗱 𝗶𝘁𝘀 𝗳𝗶𝗿𝘀𝘁 𝘁𝗲𝗻𝗴𝗲-𝗽𝗲𝗴𝗴𝗲𝗱 𝘀𝘁𝗮𝗯𝗹𝗲𝗰𝗼𝗶𝗻, 𝗘𝘃𝗼 (𝗞𝗭𝗧𝗘), 𝗶𝗻 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝘄𝗶𝘁𝗵 𝗦𝗼𝗹𝗮𝗻𝗮 𝗮𝗻𝗱 𝗠𝗮𝘀𝘁𝗲𝗿𝗰𝗮𝗿𝗱. The National Bank of Kazakhstan sandbox project bridges crypto innovation and traditional finance, with Intebix and Eurasian Bank handling issuance. KZTE is already live on the Solana Foundation and will integrate with Mastercard's global stablecoin ecosystem. 𝗞𝗲𝘆 𝘁𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀: 💰 𝗞𝗭𝗧𝗘 𝘀𝘁𝗮𝗯𝗹𝗲𝗰𝗼𝗶𝗻 is backed by the Kazakh tenge and supported by both regulators and major technology partners. 🔄 It enables 𝘀𝗲𝗮𝗺𝗹𝗲𝘀𝘀 𝗰𝗿𝘆𝗽𝘁𝗼-𝗳𝗶𝗮𝘁 𝗲𝘅𝗰𝗵𝗮𝗻𝗴𝗲, digital asset payments, and supports crypto card transactions. 🌐 Kazakhstan 𝗰𝗼𝗻𝘁𝗶𝗻𝘂𝗲𝘀 𝘁𝗼 𝗮𝗱𝘃𝗮𝗻𝗰𝗲 𝗱𝗶𝗴𝗶𝘁𝗮𝗹 𝗮𝘀𝘀𝗲𝘁𝘀 and regulatory innovation, building a robust digital economy. 💡 𝗪𝗵𝘆 𝘆𝗼𝘂 𝘀𝗵𝗼𝘂𝗹𝗱 𝗰𝗮𝗿𝗲: This represents a significant milestone for Kazakhstan's financial sector, demonstrating real central bank involvement and paving the way for national digital asset adoption and increased financial inclusion. 🗞️ 𝗙𝗶𝗻𝗱 𝗼𝘂𝘁 𝗺𝗼𝗿𝗲: https://lnkd.in/gkZPzsbF #CBDC #FutureOfMoney #DigitalCurrency #TickerTape

The Financial Services Agency of Japan (FSA) is set to approve the country’s first Yen-backed stablecoin in Fall 2025 — JPYC. Issued by Tokyo-based JPYC Inc., the stablecoin will be fully backed 1:1 by Japanese Yen deposits and Japanese Government Bonds (JGBs). This milestone carries major implications: ✅ Challenging USD-backed stablecoins (USDT & USDC hold 86.5% market share) ✅ Strengthening Japan’s financial sovereignty & preventing data/capital outflow ✅ Lowering government borrowing costs through new bond demand ✅ Offering a low-volatility entry into digital assets for investors ✅ Driving blockchain innovation across DeFi, trade settlement & supply chain finance With the global stablecoin market surpassing $276B, Japan’s move could become a global regulatory benchmark. At the same time, YASBe Payment Platform is preparing to integrate $JPYC into its cross-border ecosystem, connecting Asia to the global digital finance network. The future of money is here. 🔗 #Stablecoin #Japan #Fintech #DigitalAssets #YASBe