Vietnam’s Crypto Gold Rush: Binance, Bybit & Korean Custodian BDACS Supercharge Da Nang’s Digital Finance Hub
Vietnam is aggressively pushing blockchain and crypto into its official financial system. In mid-2025 the government approved Resolution 5/2025 and new laws to pilot a domestic crypto market for five years vietnamnet.vn livebitcoinnews.com. This framework mandates that any traded “crypto assets” be backed by real underlying assets, issued by Vietnamese entities, and settled in Vietnamese dong theinvestor.vn vietnamnet.vn. It also sets a staggeringly high barrier to entry – a minimum charter capital of 10 trillion VND for firms entering the Da Nang International Financial Center livebitcoinnews.com vietnamnet.vn. The Digital Technology Industry Law, effective Jan 1, 2026, explicitly defines tokenized digital assets and tasks regulators with cybersecurity, anti-money laundering, and counter-terrorism duties theinvestor.vn vietnamnet.vn.
