Vietnam Banks and Brokers Rush to Establish Crypto Platforms Under New Regulatory Framework

Vietnam's financial sector is undergoing a digital transformation as banks and securities firms race to launch compliant VIRTUAL asset platforms. Resolution 05/2025 has created a pilot regime for regulated crypto exchanges, requiring participants to meet strict capital and ownership thresholds.

SSI Securities has emerged as an early leader, establishing SSI Digital Corporation with 200 billion VND in charter capital. The subsidiary has forged strategic partnerships with Tether, AWS, and blockchain infrastructure providers to position itself at the forefront of Vietnam's digital asset market.

The new regulations mandate minimum capital requirements of 10 trillion VND and stipulate that at least 35% of equity must come from approved institutions. Major players including TCBS, MB, and VPBank are rapidly adapting their operations to comply with these standards.