Vietnam's Current Regulatory Framework: Generally Conservative, but Clearly Supportive On February 9, 2026, Coin98 CEO @imlethanh98 shared deep insights into Vietnam's crypto market during an interview with Wu Blockchain. He mentioned that Vietnam's current regulatory framework is generally conservative, but the direction is clearly supportive. Strategically, Vietnam has explicitly identified blockchain as one of the key technologies of the "Fourth Industrial Revolution," positioning it as a core technology for focused development from 2025 to 2030. In the initial phase, regulators are taking a cautious approach to mitigate risks. Early measures may include issuing only five limited exchange licenses, restricting spot trading, and requiring all tokens to be priced in Vietnamese Dong (VND). In the future, regulators are expected to gradually open up more business opportunities based on market performance. The government's long-term goal is to make blockchain a core technology that supports and drives Vietnam's overall economic development. Follow Wu Blockchain's YouTube channel for more professional interviews, podcasts, and short videos from the Crypto industry.