Crypto exchange Bybit has reaffirmed its commitment to supporting Vietnam’s evolving digital asset ecosystem following a high-level meeting between co-founder and CEO Ben Zhou and Deputy Prime Minister Nguyễn Văn Thắng in Hanoi.
The meeting, held at Vietnam’s Government Headquarters on June 4, comes as the country continues to develop a regulatory framework for digital assets and virtual asset markets. The discussion marks the second official engagement between the exchange and Vietnamese authorities within the past year.
Focus on digital asset pilot framework
The talks followed the introduction of Resolution No. 05/2025/NQ-CP, which established a pilot framework for Vietnam’s crypto-asset market. During the meeting, Deputy Prime Minister Nguyễn Văn Thắng reiterated Vietnam’s approach toward balancing innovation with regulatory oversight. He highlighted the importance of investor protection, anti-money laundering measures, anti-fraud safeguards, and transparent market supervision in line with international standards.
The Deputy Prime Minister stated that Vietnam is also actively exploring cooperation with experienced international industry participants to support the development of legal frameworks, transaction monitoring systems, supervisory mechanisms, technology infrastructure, and talent development programs required for the pilot phase. However, participation in the pilot market will be subject to strict requirements related to capital adequacy, operational history, cybersecurity capabilities, technological infrastructure, and compliance standards.
Bybit reaffirms long-term commitment
Ben Zhou welcomed Vietnam’s progress in creating a structured regulatory environment for digital assets and emphasized the importance of collaboration between industry participants and regulators.
“Vietnam is taking a forward-looking and measured approach toward digital asset innovation by prioritizing transparency, investor protection, and regulatory readiness from the beginning,” Zhou said.
He added that Bybit remains committed to supporting Vietnam through international best-practice sharing, compliance expertise, institutional capacity building, and talent development initiatives.
Collaboration on compliance and market oversight
During the interaction, Bybit also expressed its willingness to work with Vietnamese stakeholders in areas such as market surveillance, operational governance, risk management frameworks, and workforce training.
According to the company, Deputy Prime Minister Nguyễn Văn Thắng said he expects reputable industry participants to contribute to the development of a transparent and efficient crypto-asset market that balances innovation with public and investor interests.
The meeting reflects Vietnam’s broader efforts to establish a regulated digital asset environment while aligning with international standards. As the country moves forward with its pilot framework, authorities continue to engage with industry participants to support the development of regulatory, operational, and technological foundations for the sector.
Bybit stated that it remains committed to participating in constructive dialogue as Vietnam advances its digital asset market initiatives.
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