Wire · regulatory
What will happen to int'l crypto exchanges after Decree 284 takes effect?
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Fusion42 · 2 August 2026 · Fusion42 review
Decree 284 in Vietnam will enforce licensing requirements for crypto asset exchanges starting September 1, 2026, effectively ending unlicensed crypto trading. Only Vietnamese-registered enterprises may obtain licenses to operate exchanges, excluding foreign companies, affecting international players like Binance and others.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
Vietnam is closing its crypto market to unlicensed foreign exchanges and opening it only to licensed local players. You must pivot your market entry or partnerships quickly before the September 1 deadline if you target crypto users in Vietnam.
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1 source · 2 Aug 2026
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