Vietnam's Finance Minister Meets Bybit CEO to Support Regulatory Sandbox and Strengthen Cryptocurrency Compliance

2025-04-19 19:14:40

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ChainCatcher news, Bybit CEO Ben Zhou posted on the X platform that he met with H.E. Nguyen Van Thang, the Minister of Finance of Vietnam, where he expressed Bybit's strong support for Vietnam's regulatory sandbox initiative and its vision of building a secure, transparent, and innovation-friendly digital asset ecosystem.

It is reported that the meeting took place at the headquarters of the Ministry of Finance of Vietnam, focusing on the efforts Vietnam is making to establish a comprehensive legal framework for crypto assets. H.E. Nguyen Van Thang outlined Vietnam's plan to launch a pilot sandbox mechanism, which will allow regulators to test the issuance and trading of crypto assets in a controlled environment. The initiative aims to reduce risks, enhance investor protection, and ensure regulatory preparedness before formal legislation is enacted.

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