APAC DAO Ecosystem Spotlights:  Vietnam’s first regulated crypto market launches Q3 2026

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Vietnam’s Deputy Finance Minister is targeting a Q3 2026 launch for the country’s first regulated crypto market, with five companies – affiliates of major banks, already approved to operate digital asset trading platforms. Circular 32, issued in March 2026, locked in the country’s first tax framework for crypto asset transactions (CIT, VAT, PIT) – the clearest signal yet that the Vietnamese government wants the next chapter of digital assets built onshore, not offshore.

We’ve been in these rooms since the Vietnam Fintech Summit last December, and the projects most likely to be first in line are the ones already in those conversations. Coin MarketCap, Baker McKenzie