Bybit, one of the world's largest cryptocurrency exchanges headquartered in Dubai, has expressed interest in partnering with Vietnamese organizations as the country moves forward with plans to establish a regulated digital asset market.
At a meeting with Deputy Prime Minister Nguyen Van Thang in Hanoi on June 4, Bybit co-founder and Chief Executive Officer Ben Zhou discussed opportunities for cooperation in developing Vietnam’s digital asset ecosystem.
During the meeting, Deputy Prime Minister Thang highlighted the government's issuance of Resolution No. 05/2025/NQ-CP, which provides a framework for piloting a digital asset market in Vietnam. He noted that while digital assets offer significant growth potential, they also pose risks that require robust oversight to protect investors and prevent money laundering, fraud and other illegal activities.
Mr. Thang said Vietnam welcomes support from reputable international companies with extensive industry experience, particularly in areas such as regulatory development, market supervision, technology infrastructure and workforce training.
The government is also encouraging foreign firms with strong financial and technological capabilities to cooperate with Vietnamese enterprises during the pilot phase. However, participation will be subject to strict criteria covering capital adequacy, technological capacity, system security standards and operational experience.
For his part, Mr. Zhou praised Vietnam’s progress in establishing a legal framework for digital assets and reaffirmed Bybit’s commitment to market transparency and security. He said the company is ready to collaborate with Vietnamese partners and share international expertise in regulatory development and talent training.
Deputy Prime Minister Thang expressed hope that Bybit would become a trusted partner of Vietnamese regulators in building a transparent, efficient and sustainable digital asset market that balances the interests of the state, investors and the broader public.
Google translate