Vietnamese Finance Minister Meets Bybit CEO to Support Regulatory Sandbox and Strengthen Cryptocurrency Compliance

Bybit CEO Ben Zhou posted on X platform that Vietnam's Finance Minister H E. Nguyen Van Thang met with Bybit and expressed his strong support for Vietnam's regulatory sandbox program and his vision for building a secure, transparent, and innovation friendly digital asset ecosystem. It is reported that the meeting was held at the headquarters of the Vietnamese Ministry of Finance, focusing on the efforts made by Vietnam to establish a comprehensive legal framework for encrypted assets. H.E. Nguyen Van Thang outlined Vietnam's plan to launch a pilot sandbox mechanism, which will allow regulatory agencies to test the issuance and trading of encrypted assets in a controlled environment. The plan aims to reduce risks, strengthen investor protection, and ensure regulatory readiness before formal legislation is introduced.