Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 28 JULY 2026

Vietnam’s New Crypto Sanctions To Impact Offshore Exchanges

Tilleke & Gibbins
Tilleke & Gibbins
Contributor
Tilleke & Gibbins

Tilleke & Gibbins

Tilleke & Gibbins has been present in Vietnam since 1992, when it became the first foreign law firm...

View firm profile
Explore more from Tilleke & Gibbins

A new decree on penalties for violations related to the crypto asset market creates compliance risks for offshore crypto asset exchanges in Vietnam that do not hold, and practically cannot obtain, a Vietnamese license, and for Vietnamese users who continue to transact on those platforms.

VietnamGovernment, Public Sector
Duong Duy Nguyen
Duong Duy Nguyen
Quang Minh Vu
Quang Minh Vu
Author LinkedIn connections

A new decree on penalties for violations related to the crypto asset market creates compliance risks for offshore crypto asset exchanges in Vietnam that do not hold, and practically cannot obtain, a Vietnamese license, and for Vietnamese users who continue to transact on those platforms.

Decree No. 284/2026/ND-CP (Decree 284), issued by the government of Vietnam on July 16, 2026, formally establishes an administrative penalty framework for violations related to crypto assets and the crypto asset market. The decree takes effect on September 1, 2026, and will remain in force for the duration of the five-year pilot program under Resolution No. 05/2025/NQ-CP, which is scheduled to end in September 2030.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

See more popular content from

Article

Vietnam Modernizes Its Foreign-Investment Foreign Exchange Framework

Vietnam's State Bank has issued Circular No. 38/2026/TT-NHNN, fundamentally modernizing the foreign-exchange framework for investment capital flows. The new regulation integrates the Vietnam International Financial Centre into the broader foreign-exchange architecture, permits capital remittances before investment registration procedures are completed, and introduces enhanced transparency requirements. How will these changes affect foreign investors' funding strategies and compliance obligations?
VietnamGovernment, Public Sector
VILAF
VILAF
Article

Reshaping Investment Selection For The Next Generation Of Investment Projects

Vietnam's Decree No. 274/2026/NĐ-CP fundamentally transforms how business investment projects are procured by consolidating investor selection into a unified framework that integrates procurement with investment approval, land administration, and project implementation. This comprehensive reform shifts procurement from a standalone tender process to a continuous regulatory lifecycle where commitments made during investor selection become binding contractual obligations throughout project delivery.
VietnamGovernment, Public Sector
VILAF
VILAF
Article

Vietnam’s New Forced-Labor Import Ban: How Should Businesses Respond?

Vietnam has introduced a new prohibition on importing goods produced through forced labor under Decree No. 292/2026/ND-CP, effective September 5, 2026. While the Ministry of Home Affairs has yet to publish implementing guidance, businesses face immediate legal exposure and must establish internal controls, supply-chain safeguards, and remediation procedures to manage forced-labor risks across their operations and commercial relationships.
VietnamInternational Law
Tilleke & Gibbins
Tilleke & Gibbins
Article

Thailand Releases New Draft PDPA Guidance On Lawful Bases And Marketing

Thailand's data protection regulator has published draft guidance on lawful bases for processing personal data and marketing practices under the PDPA. The guidance introduces a five-step process for selecting lawful bases, emphasizes separating marketing consent from core services, and addresses AI-driven marketing transparency. Organizations processing personal data in Thailand face new expectations around accountability, consent management, and documentation of compliance efforts.
ThailandPrivacy
Tilleke & Gibbins
Tilleke & Gibbins
Article

Vietnam’s New Drug Registration Regulations To Reduce Administrative Burden

Vietnam's Ministry of Health has issued Circular No. 32/2026/TT-BYT, introducing significant reforms to the drug registration process that will take effect on October 1, 2026. The new regulations establish a five-year data exclusivity period for new drugs, simplify requirements for foreign legal documents, and introduce a re-examination pathway that could reduce administrative burdens for pharmaceutical companies.
VietnamFood, Drugs, Healthcare, Life Sciences
Tilleke & Gibbins
Tilleke & Gibbins
Article

Thailand Advances National Policy Framework For Data Centers

On September 4, 2026, Thailand’s prime minister convened the first meeting of the Data Center Business Policy Committee. The committee endorsed a draft policy framework for the data center industry and tasked four subcommittees with developing the standards that would sit beneath it, shifting away from fragmented, agency-by-agency approvals toward a unified national strategy aiming to maximize economic value while managing environmental and infrastructure concerns.
ThailandMedia, Telecoms, IT, Entertainment
Tilleke & Gibbins
Tilleke & Gibbins