越南加密：2025年浏览虚拟资产景观

越南通过新的法规和试点计划进入加密货币世界。获取有关越南虚拟资产的最新见解。

Vietnam Crypto: Navigating the Virtual Asset Landscape in 2025

越南加密：2025年浏览虚拟资产景观

Vietnam's crypto scene is buzzing with activity. With new regulations and pilot programs rolling out, it's time to take a closer look at what's happening with virtual assets in the country. This blog post breaks down the key developments, trends, and what it all means for investors.

越南的加密场景随着活动而嗡嗡作响。随着新的法规和试点计划的推出，是时候仔细研究该国虚拟资产的情况了。这篇博客文章打破了关键的发展，趋势以及对投资者的意义。

Vietnam's Crypto Legal Spotlight

越南的加密透支焦点

For years, Vietnam's crypto market has operated in a legal gray area. Now, the government is stepping in with a new law and a five-year pilot program to bring some order to the chaos. This means big changes for how crypto is bought, sold, and traded in Vietnam.

多年来，越南的加密市场一直在合法的灰色地区运营。现在，政府正在介入一项新法律和一项为期五年的试点计划，为混乱带来一些命令。这意味着在越南购买，出售和交易加密货币的方式发生了重大变化。

Domestic vs. Global Exchanges: A Shifting Landscape

国内与全球交流：不断变化的景观

One of the biggest shifts is that Vietnamese investors may soon find themselves limited to domestic exchanges. Trading on major international platforms like Binance or Bybit might not be as easy unless these companies obtain local licenses. This could push traders towards a smaller pool of domestic options.

最大的转变之一是，越南投资者可能很快发现自己仅限于国内交流。除非这些公司获得当地许可证，否则在Binance或Bybit等主要国际平台上进行交易可能并不容易。这可能会将交易者推向较小的国内选择。

The Upside: Investor Protection and Market Clean-Up

上行：投资者保护和市场清理

The goal of these new regulations is to protect investors and clean up a market that has seen its share of scams. Licensed exchanges will need to meet strict capital requirements, implement KYC (Know Your Customer) and AML (Anti-Money Laundering) checks, and stay under the watchful eye of the Ministry of Finance. It's all about creating a safer and more regulated environment.

这些新法规的目的是保护投资者并清理已经看到骗局份额的市场。有执照的交易所需要满足严格的资本要求，实施KYC（了解您的客户）和AML（反洗钱）支票，并保持财政部的关注。这就是创造一个更安全，更监管的环境。

The Downside: Limited Freedom and Choices

缺点：有限的自由和选择

For many crypto enthusiasts, the appeal of crypto lies in its freedom – the ability to buy and sell tokens across borders without restrictions. The new regulations could change that, potentially boxing Vietnamese traders into a smaller ecosystem with fewer options.

对于许多加密爱好者而言，加密货币的吸引力在于其自由 - 能够在不受限制的边界上买卖令牌。新法规可能会改变这种情况，可能会将越南交易者拳击成一个较小的生态系统，而选择更少。

The Hurdles for Global Exchanges

全球交流的障碍

The requirements for operating a licensed exchange in Vietnam are pretty steep. We're talking about at least VND 10 trillion (around US$380 million) in paid-up capital. Plus, most of the ownership needs to come from institutions, and foreign stakes can't exceed 49%. These rules make it tough for global platforms to compete.

在越南经营许可交易所的要求非常陡峭。我们谈论的是至少100万亿（约3.8亿美元）的有偿资本。另外，大多数所有权都需要来自机构，而且外国股权不能超过49％。这些规则使全球平台很难竞争。

What This Means for Vietnamese Crypto Investors

这对越南加密投资者意味着什么

So, what does all of this mean for the average Vietnamese crypto investor? Some might pull their funds from global platforms to stay compliant. Local exchanges will likely see more volume, but they might not offer the same variety of coins. Investors looking for exposure to smaller DeFi projects or meme coins might be out of luck on domestic platforms.

那么，这对普通的越南加密投资者意味着什么？有些人可能会从全球平台上汲取资金以保持合规性。当地交流可能会看到更多的卷，但它们可能不会提供相同的硬币。希望接触较小的Defi项目或模因硬币的投资者可能会在国内平台上运气不佳。

Key Players Emerge

主要参与者出现

Despite these challenges, some key players are emerging in Vietnam's regulated virtual asset space:

尽管面临这些挑战，但一些主要参与者仍在越南规范的虚拟资产空间中出现：

• SSI Securities: A pioneer with its digital finance arm, SSI Digital Corporation, aligning with regulatory standards.
• Techcom Securities (TCBS): Launching the Techcom Encrypted Asset Exchange (TCEX) to comply with pilot exchange requirements.
• Military Bank (MB): Partnering with Korea's Upbit for tech and compliance support.
• VPBank: Preparing a tokenized asset exchange through its subsidiary VPBank Securities (VPBankS).

A Word on Self-Custody

关于自我顾客的一句话

With regulations changing so rapidly, many investors are turning to self-custody – keeping their assets in a secure wallet rather than on an exchange. This gives them the flexibility to move their funds when markets shift and stay connected even when regulations tighten. Wallets like Best Wallet, with its non-custodial nature, multichain focus, and Vietnamese language support, are becoming increasingly popular.

随着法规如此迅速的变化，许多投资者正在转向自我顾客 - 将其资产保存在安全的钱包中而不是交易所。这使他们可以灵活地移动资金时，即使市场变化并保持联系，即使法规也紧密保持联系。像最佳钱包一样，其非习惯，多章焦点和越南语言支持的钱包变得越来越流行。

Final Thoughts

最后的想法

Vietnam's crypto landscape is evolving quickly. While the new regulations might bring some limitations, they also pave the way for a more regulated and secure market. It's a brave new world for Vietnam and crypto, and it's going to be interesting to see how it all unfolds. So, buckle up, stay informed, and get ready for the ride!

越南的加密景观正在迅速发展。尽管新法规可能会带来一些局限性，但它们也为更加受监管和安全的市场铺平了道路。对于越南和加密货币来说，这是一个勇敢的新世界，看看一切如何展开将很有趣。因此，搭扣，保持知情并为乘车做准备！