Invest ideasNews
21 Jan 2026, 10:20
Galaxy launches new crypto hedge fund strategy
*]:pointer-events-auto scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:154d9fde-8d19-4494-923b-e49f6d0ec877-22" data-testid="conversation-turn-8" data-scroll-anchor="true" data-turn="assistant"> Galaxy, a leading, publicly traded financial services and investment management firm under the leadership of US billionaire Michael Novogratz, intends to implement a revenue-driven strategy by establishing a $100 million hedge fund to solidify its position in the digital asset market. Sources familiar with the plan say the fund is expected to be operational in the first quarter of this year. Once launched, it will be designed to generate profits in both rising and falling markets. To demonstrate its commitment to exploring the crypto industry, Galaxy asserted that it will allocate around 30% of its total assets to crypto tokens. In comparison, the remaining 70% will be invested in the stocks of financial services firms that are vulnerable to shifts in digital asset technologies and regulations. Galaxy holds onto its hedge fund plan Sources with knowledge of the situation who wished to remain anonymous revealed that Galaxy has already raised $100 million in funding from wealthy investors, family offices, and some significant institutions. However, they pointed out the likelihood that the company would start this strategic move with much greater commitments. Concerning Galaxy’s plan for a new hedge fund, reports noted that the company stated it will provide initial capital for the fund but did not specify the precise amount. Notably, this move was adopted just after Bitcoin’s price hit a 28% low since its all-time high last October. This level has ignited tension in the crypto market, further raising concerns among investors after the current price dropped significantly from the level reached when US President Donald Trump assumed office, vowing to establish the United States as the global hub for digital asset innovation and regulation. To further illustrate the growing uncertainty in the crypto market, recent reports highlighted that Bitcoin’s price drastically declined by approximately 5% this week. As of now, the cryptocurrency is trading at around $89,207.26 , down 1.92% over the last 24 hours. This recent drop is projected to result from Trump’s announcement that he will impose stiff tariffs on eight European countries that refuse to support his plan to acquire Greenland in its entirety. In the meantime, several reports demonstrated heightened interest in Galaxy’s project and reached out to Joe Armao, who leads the fund, for more clarity on the hedge fund plan. Responding to their request for comment, Armao said, “the ‘up only’ phase of this cycle might be ending,” but expressed optimism about the fate of Bitcoin and other leading cryptocurrencies such as ETH and Solana. Based on his argument, Bitcoin “cannot be overlooked this year with more Federal Reserve interest rate cuts, as long as equity markets and gold perform well.” Founded in 2018, Galaxy was originally intended to operate as a hedge fund. However, due to changing market conditions, Michael Novogratz shifted the company’s focus to crypto investment banking and asset management. Despite this change, Novogratz admitted he felt uneasy about the decision. Even with these challenges, he expressed pride in the company’s performance, noting that financial reports showed Galaxy earned around $505 million in profit in the third quarter of last year. After the report, Armao said the new fund is a strong idea but emphasized that its success depends on analyzing both winning and losing firms. He added that the strategy should focus on disruptors and emerging trends in financial services. Armao highlights the current challenge faced in the crypto industry Several major crypto firms, including Circle , the issuer of the regulated, dollar-backed stablecoin USDC, and cryptocurrency exchange Gemini, secured initial public offerings (IPOs) last year. At the same time, hundreds of digital asset treasury companies were globally listed. Following this success, Armao issued a warning that some banks, payment firms, financial software providers, and other financial service groups are at risk of significant disruption from digital asset technologies, regulations, and the influence of AI. He explained that, “There are major payments firms like Fiserv that dropped by 50% last year… data analytics and ratings companies have seen a 30% decline in a quarter due to fears around AI. The entire sector is experiencing significant changes, which is reflected in stock prices.” Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
21 Jan 2026, 10:19
Clapp Credit Line: How to Get Zero-Interest Loans with Bitcoin Collateral
Borrowing against Bitcoin has become a standard way to access liquidity without selling BTC . The trade-off is usually cost: once funds are borrowed, interest begins accruing immediately, regardless of how much of the loan is actually used. Clapp.finance approaches this differently. Instead of issuing fixed loans, it offers a Bitcoin-backed credit line where interest is tied to usage and risk. Under specific conditions, this allows borrowers to maintain access to liquidity without paying interest on unused funds. The distinction between a credit line and a traditional loan is central to how this works. Clapp Credit Line vs. Fixed Loan Feature Clapp Credit Line Fixed Crypto Loan Loan structure Revolving credit limit Fixed loan amount Interest on unused funds 0%* Interest applies immediately When interest starts Only after funds are borrowed From loan start Repayment schedule Flexible, repay anytime Fixed term and schedule Credit availability after repayment Restored automatically Requires new loan LTV management Dynamic, user-controlled Fixed at origination Cost predictability High at low LTV Lower, interest accrues regardless of usage Suitability Intermittent liquidity needs Long-term borrowing *0% is applied when LTV is below 20% When BTC is deposited into Clapp, it serves as collateral for a borrowing limit calculated from its market value. That limit represents available liquidity, not an obligation to borrow. Funds can be drawn at any time, in full or in part, and repaid without a fixed schedule. As repayments are made, the available credit is restored automatically. This structure determines how interest is applied. Where Zero Interest Applies With Clapp, simply having access to a credit line does not generate cost. Unused credit carries a 0% interest rate . Interest begins accruing only once funds are borrowed, and only on the amount in use. The rate depends on the loan-to-value ratio, which measures borrowed funds against the value of the Bitcoin collateral. When LTV remains below 20%, borrowing costs stay low and the unused portion of the credit line remains fully interest-free. In effect, the borrower is not paying for liquidity that is sitting idle. For example: Assume a user deposits BTC worth $60,000. At first, the credit line remains unused. There is no interest and no obligation. Later, the user borrows $9,000 in stablecoins. LTV is 15%. Interest applies only to the $9,000. The remaining available credit stays unused and carries 0% interest. When the borrowed amount is repaid, interest stops immediately and full access to the credit line is restored. Why Bitcoin Collateral Changes the Risk Profile Bitcoin’s price volatility makes LTV management critical. Small market moves can change borrowing conditions. Keeping LTV conservative provides: Buffer against price swings Lower liquidation risk More predictable borrowing costs Clapp’s structure reflects this dynamic. It does not reward maximum leverage. Instead, it favors restrained use, where liquidity is available but borrowing remains limited. The zero-interest condition on unused funds works only when paired with active LTV discipline. Repayment Without Constraints Repayment flexibility reinforces this approach. There are no fixed maturities or repayment deadlines. Borrowers can repay partially or fully at any time, without penalties. Interest applies only while funds are in use, and unused credit never accrues cost. This makes the credit line suitable for intermittent liquidity needs rather than long-term borrowing. It fits users who hold Bitcoin as a long-term asset, want access to stablecoins when needed, and prefer predictable costs over aggressive leverage. Common Misinterpretation of Zero Interest The most common misunderstanding around “zero-interest” crypto loans is assuming that borrowing itself is free. With Clapp, that is not the case. Zero interest applies only to unused credit, not to funds already borrowed. Borrowed amounts accrue interest based on LTV, reflecting actual risk. That distinction is what keeps the model transparent. In practice, Clapp’s Bitcoin-backed credit line functions less as a loan product and more as a liquidity tool. It allows BTC holders to keep capital accessible without paying for it upfront, while maintaining clear boundaries around cost and risk once borrowing begins. Used conservatively, it offers a controlled way to borrow against Bitcoin without unnecessary interest exposure. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
21 Jan 2026, 10:16
DeFi Tokens Price Prediction as Yields Normalize, What Traders Are Watching
The shifting landscape of decentralized finance is drawing keen interest as yields begin to stabilize. Traders are closely monitoring key tokens, anticipating potential price surges. This article delves into which DeFi assets show promise and why these tokens might soon experience significant growth. Filecoin Shows Signs of Recovery, Eyes on Key Resistance Levels Source: tradingview Filecoin , currently trading between $1.36 and $1.61, is showing signs of recovery despite a recent weekly dip of over 14%. In the past month, the coin has gained nearly 6%. However, looking back six months, it's still down almost 48%. Investors are keeping a close watch on the $1.77 resistance level; a break above this could push prices toward the next milestone of $2.01. If Filecoin reaches the $2.01 level, it would represent a significant increase from its current price range, with potential gains of roughly 25% at the $1.61 mark. Current support sits at $1.28, offering a safety net against further dips. Polkadot Price Shows Signs of Bouncing Back Source: tradingview Polkadot , a notable cryptocurrency, is currently priced between just under two dollars and a bit over two dollars. Recently, it has seen a small increase over the past month. However, it's still facing challenges, having dropped significantly over the last half-year. The current movement suggests that if the price manages to break above two dollars and forty-six cents, it could see further upward momentum. It might even reach as high as two dollars and seventy-eight cents, implying a potential rise by more than twenty percent from its current range. Despite past drops, recent data reflects some hope for traders looking for a rebound. Algorand Struggles but Shows Sparks of Hope for Growth Source: tradingview Algorand (ALGO) is trading between twelve and thirteen cents, teetering amid recent downturns. Despite a slide over the past six months, there's a sliver of potential. If momentum shifts positively, ALGO could aim for the first resistance at nearly fifteen cents, marking a possible boost of about twenty percent. Prospects brightening even more might drive it toward just over sixteen cents, translating to a near forty percent increase. However, resilience near the eleven-cent support is crucial. Recent indicators like the Relative Strength Index and Stochastic suggest it's not overbought, pointing to room for a rebound. But recovery hinges on escaping the recent bearish trend to eye higher targets. Stellar (XLM) Eyes Potential Growth After Recent Dip Source: tradingview Stellar (XLM) is dancing between 20.81 and 23.72 cents. It's facing resistance just above 25.6 cents and seems to find support around 19.81 cents. Recently, XLM hasn't been at its best, with a dip of over 10% in a week and a 1% slip in a month. However, Stellar might bounce back. If it manages to break past the 25.6 cent resistance, it could soar towards 28.5 cents, marking a potential rise of more than a fifth from lower levels. XLM's relative strength index hints it's not yet overbought, suggesting room for upward moves. Keep an eye on Stellar as it navigates these waves for a possible upsurge. Conclusion FIL, DOT, ALGO, and XLM are gaining attention as yields start to stabilize. Traders keep a close watch on these tokens. Their performance can provide insights into market trends. FIL and DOT show potential due to their strong use cases. ALGO and XLM are also being closely monitored. Traders remain focused on how these tokens will adapt. The evolution of these assets will be crucial to watch. The market remains dynamic with these tokens at the center. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
21 Jan 2026, 10:14
Bitcoin Casinos in LATAM 2026: Safe and Trusted BTC Gambling Sites
Latin America has become one of the fastest-growing regions for crypto adoption — and online gambling is no exception. In 2026, more players than ever are choosing bitcoin casino sites over traditional online casinos that rely on banks, cards, and local payment processors. For many users in LATAM, Bitcoin is not just an alternative currency. It is a practical solution to everyday problems: slow banking systems, blocked international payments, and limited access to global gambling platforms. Against this backdrop, anonymous bitcoin casino platforms are increasingly seen as safer, faster, and more accessible. At the same time, demand has shifted toward safe and trusted BTC gambling sites . Players are no longer looking only for bonuses. They want reliability, instant withdrawals, and full control over their funds — features that traditional casinos often fail to deliver in the region. Why Bitcoin Casinos Are Growing Fast in LATAM The rise of Bitcoin casinos across Latin America is driven by structural realities rather than short-term hype. While crypto gambling is global, LATAM has its own specific conditions that accelerate adoption. Several factors explain this rapid growth. Banking friction and payment barriersIn many LATAM countries, deposits to online casinos are delayed, blocked, or flagged by banks. Bitcoin removes these intermediaries entirely. Currency instability and inflation pressureFor players dealing with volatile local currencies, BTC-based gambling offers an alternative that is not tied to domestic financial systems. Strong crypto familiarityBitcoin is already widely used in LATAM for remittances, savings, and online payments, making the transition to cryptocurrency casino platforms natural. Midway through this shift, privacy has also become a decisive factor. Many players actively seek out platforms that do not require identity verification, especially when gambling online. This is where no kyc crypto casino models gain traction. They allow users to play without submitting documents, avoiding delays and protecting personal data. Finally, speed matters. Instant or near-instant BTC withdrawals No reliance on local payment processors Direct wallet-to-platform transactions These advantages explain why Bitcoin casinos are no longer a niche product in LATAM, but a mainstream choice for a growing segment of online gamblers.What Makes a Bitcoin Casino Safe and Trusted? In a region as diverse as Latin America, trust is one of the most important factors when choosing a Bitcoin casino. Regulations vary widely from country to country, which means players cannot rely solely on local licensing frameworks when evaluating platforms. Instead, experienced users focus on a combination of technical, operational, and reputational signals. At a high level, a safe Bitcoin casino should demonstrate the following fundamentals: clear rules for deposits and withdrawals transparent bonus terms consistent payout behavior over time But these surface-level indicators are only part of the picture. A deeper look usually reveals five core elements that separate safe and trusted BTC gambling sites from risky or short-lived platforms: Licensing and operational transparencyEven in crypto, reputable casinos typically operate under some form of recognized licensing or regulatory structure. While not all licenses are equal, the presence of an identifiable legal framework is a strong trust signal. Provably fair and verifiable systemsModern crypto casino games increasingly rely on provably fair technology or on-chain verification. This allows players to independently confirm that game outcomes are not manipulated. Withdrawal reliabilityA platform’s true credibility is tested at the withdrawal stage. The best cryptocurrency casino sites clearly state their payout rules and process withdrawals without unnecessary delays. Security of fundsTrusted platforms use secure wallet infrastructure and, in some cases, non-custodial or semi-custodial models to reduce the risk of fund mismanagement. Public reputation and track recordLongevity matters. Platforms that have operated for several years without major disputes tend to inspire far more confidence than newly launched casinos promising aggressive bonuses. Taken together, these factors help players in LATAM identify Bitcoin casinos that prioritize long-term trust over short-term acquisition. Best Bitcoin Casino Features Players Look for in 2026 Player expectations have changed significantly over the past few years. In 2026, a Bitcoin casino is no longer judged solely by its game library or bonus size. Instead, users evaluate platforms based on how smoothly the entire experience works — from the first deposit to the final withdrawal. At the top of the list is speed. Many players now actively search for an instant bitcoin withdrawal casino, where payouts are processed quickly and predictably. Waiting days for a withdrawal is no longer acceptable, especially when blockchain-based alternatives exist. Beyond payouts, several other features strongly influence platform choice. Early in the decision process, players usually look for: A broad range of crypto casino gamesThis includes slots, live dealer tables, crash games, and other real-time formats optimized for crypto play. Flexible bonus structuresA competitive bitcoin casino bonus still matters, but only when paired with transparent wagering requirements and fair conditions. Midway through active use, priorities often shift toward usability and control: simple wallet-based deposits clear account balances in BTC minimal friction during gameplay Finally, anonymity has become a defining feature. Many LATAM users prefer platforms that allow them to play without linking personal identity or bank information. As a result, anonymous crypto casino models and crypto casino no kyc setups are now seen as a major advantage rather than a niche feature. In combination, these elements define what players expect from the best online crypto casino in 2026 — not just entertainment, but efficiency, privacy, and reliability. The Best Bitcoin Casino Model for LATAM Players (Top Trusted Platforms) For players in Latin America, choosing a Bitcoin casino is less about flashy design and more about reliability, speed, and access. Rather than relying on endless “top 10” lists, it’s more useful to compare platforms based on how well they actually meet LATAM-specific needs: crypto-only payments, fast withdrawals, privacy, and long-term trust. Below is a comparison of five well-established Bitcoin gambling platforms commonly used by LATAM players in 2026. Platform Established KYC Policy Cryptocurrencies Supported Games / Betting Withdrawals Bonus Highlights Regulation / Notes Dexsport 2022 ❌ No KYC BTC, ETH, USDT, BNB, TRON (+40 across 20 networks) 10,000+ casino games + sportsbook Fast, crypto-native, on-chain transparency 480% on first 3 deposits (up to $10,000) + 300 free spins Licensed (Anjouan, Comoros), audited by CertiK & Pessimistic Cloudbet 2013 ⚠️ Conditional 30+ cryptos (BTC, ETH, USDT, XRP, DOGE, etc.) Sportsbook, esports, casino Automated, minutes–hours Up to $2,500 via rakeback & activity rewards Long-running platform, pro-bettor focus Betplay — ⚠️ Conditional BTC (Lightning + on-chain), ETH, USDT Sportsbook, casino, poker Very fast (Lightning support) 100% bonus up to $1,000 + rakeback & VIP Unregulated, mixed user feedback Vave — ⚠️ Required at withdrawal BTC, ETH, USDT, DOGE, LTC, XRP, TRX, SOL Sportsbook + casino Fast, but KYC at higher limits Up to 100% welcome bonus, daily cashback Hybrid platform, higher wagering (≈40×) BetOnline 2001 ⚠️ Conditional BTC, ETH, LTC, USDT Sportsbook, casino, poker, racebook Fast for crypto (hours) Multi-part sportsbook & casino bonuses Offshore license, strong U.S. sports focus Why No-KYC and Anonymous Bitcoin Casinos Matter in LATAM For many players in Latin America, anonymity is not just a preference — it is a practical requirement. Financial regulations, banking controls, and data privacy concerns make traditional online casinos difficult or even risky to use in certain countries across the region. This is why no kyc crypto casino platforms have gained such strong traction in LATAM over the past few years. In contrast to fiat-based casinos, anonymous Bitcoin casinos remove several common friction points at once. There is no need to upload identity documents, link bank accounts, or wait for manual approval before accessing funds. For users who already operate in crypto, this model feels far more natural. Several concrete reasons explain the popularity of anonymous crypto casino platforms in the region: Protection of personal dataMany players are cautious about sharing sensitive information with offshore gambling sites, especially when legal frameworks are unclear or inconsistent. Faster access to winningsWithout KYC reviews or compliance checks, withdrawals are typically processed faster — a key reason users search for crypto casino instant withdrawal options. Bypassing banking limitationsBitcoin casinos operate independently of local banks, allowing users to avoid blocked transactions, frozen cards, or rejected payments. Midway through the player journey, anonymity also affects behavior. Users are more likely to place smaller, frequent bets and explore different crypto casino games when they are not concerned about account freezes or document requests. That said, anonymity does not mean the absence of structure. Trusted crypto casino no kyc platforms still rely on transparent rules, provably fair systems, and clear withdrawal policies. The difference lies in how trust is established — through technology and track record rather than identity verification. For LATAM players navigating diverse regulations and financial systems, anonymous Bitcoin casinos offer a level of flexibility that traditional platforms struggle to match. This is why no-KYC models are expected to remain a core part of the region’s crypto gambling ecosystem well beyond 2026. Bitcoin Casino Bonuses and Instant Withdrawals: What to Expect Bonuses still play an important role in how players choose a Bitcoin casino, but by 2026 expectations have become far more nuanced. For LATAM users in particular, bonuses are no longer the main attraction — withdrawal speed and reliability matter more. That said, incentives remain part of the decision-making process, especially for new users exploring bitcoin casino sites for the first time. How Bitcoin Casino Bonuses Have Evolved Traditional casino bonuses often come with complex wagering requirements and hidden conditions. In crypto casinos, the structure is gradually shifting toward transparency. Most Bitcoin casinos now offer one or more of the following: deposit match bonuses paid in BTC or crypto equivalents free spins on selected crypto casino games cashback or loss-back offers tied to weekly activity Instead of chasing the largest headline bonus, experienced players focus on how realistic the terms are. A smaller bitcoin casino bonus with clear conditions is usually more valuable than an oversized offer with aggressive wagering requirements. In LATAM, this shift is especially noticeable. Players prefer bonuses that complement fast gameplay rather than locking funds for extended periods. Instant Withdrawals as a Core Expectation If bonuses attract attention, withdrawals determine long-term trust. Many users now actively search for an instant bitcoin withdrawal casino, and for good reason. Waiting several days for payouts feels outdated in a crypto-native environment. From a practical standpoint, instant or near-instant withdrawals depend on three factors: Crypto-only transaction flowPlatforms that do not rely on fiat processing tend to move funds faster. Automated withdrawal systemsManual approval introduces delays and uncertainty. Clear withdrawal limits and rulesTransparency reduces disputes and frustration. When these elements are in place, crypto casino instant withdrawal becomes a realistic expectation rather than a marketing promise. Why Speed Often Matters More Than Size Interestingly, many LATAM players are willing to accept smaller bonuses in exchange for faster access to winnings. This reflects how Bitcoin casinos are actually used in the region. Short sessions, frequent withdrawals, and flexible bankroll management are more common than long, bonus-heavy playthroughs. As a result, platforms that combine reasonable incentives with fast BTC payouts tend to earn stronger loyalty over time. In 2026, the most trusted Bitcoin casinos are not defined by the biggest promotions, but by how smoothly they allow players to move funds in and out — without friction, delays, or surprises. Final Thoughts Bitcoin casinos have become more than just an alternative to traditional online gambling in Latin America. In 2026, they represent a practical response to regional challenges such as banking restrictions, payment delays, and concerns around data privacy. For LATAM players, the appeal lies in flexibility. Bitcoin casino sites offer fast transactions, broader access, and the ability to play without relying on local financial infrastructure. As expectations evolve, players increasingly prioritize instant withdrawals, transparent rules, and anonymous access over oversized promotions. The most trusted platforms are those that combine crypto-native payments with clear operational standards. Rather than focusing solely on bonuses, experienced users look for long-term reliability, consistent payouts, and fair gameplay. As crypto adoption continues to grow across Latin America, Bitcoin casinos are likely to remain a central part of the region’s online gambling ecosystem. FAQ What is the best Bitcoin casino for LATAM players in 2026?The best option depends on factors such as withdrawal speed, privacy features, and platform transparency rather than bonuses alone. Are no-KYC Bitcoin casinos legal in LATAM?Regulation varies by country. In many cases, players can access offshore crypto casinos, but it is important to understand local gambling laws. Do Bitcoin casinos offer instant withdrawals?Many modern platforms now support near-instant BTC withdrawals, especially those built around crypto-only transaction flows. Is it safe to play at anonymous crypto casinos?Safety depends on the platform. Trusted casinos rely on transparent systems, provably fair games, and a strong operational track record. What should I look for in a safe cryptocurrency casino?Key factors include licensing or regulatory oversight, clear withdrawal rules, secure wallet infrastructure, and consistent reputation among users.
21 Jan 2026, 10:13
Bitcoin fills new year CME gap with sub-$88K BTC price dip
Bitcoin hit a key BTC price target from the start of January, with other CME futures gaps now above price — but traders stayed highly cautious.
21 Jan 2026, 10:10
Vietnam Moves Crypto Exchanges Out of Legal Gray Area With Pilot Licensing
Vietnam has begun moving cryptocurrency exchanges out of a long-standing legal gray area by piloting a formal licensing regime for crypto asset trading platforms. Key Takeaways: Vietnam has begun formally licensing crypto exchanges after years of legal uncertainty. Banks and securities firms are lining up to enter the market under strict requirements. The move follows rapid growth in crypto usage across the country. Under Decision No. 96/QD-BTC, issued this week by the Ministry of Finance, authorities introduced three new administrative procedures covering the issuance, adjustment, and revocation of licenses for organizations that operate crypto asset trading platforms, according to reports by local news outlets . The framework places the sector under the supervision of the State Securities Commission, which published detailed guidance on application dossiers and procedures. Vietnam’s Crypto Licensing Pilot Draws Interest From Banks The move signals a shift away from years of informal tolerance, during which crypto trading activity flourished without a clear legal basis. Several major financial institutions have already signaled interest. Around 10 securities firms and banks have announced plans to enter the market once licensing approvals are granted. Among securities firms, SSI Securities established SSI Digital Technology JSC in 2022 and has since expanded its blockchain ambitions. Its digital unit recently partnered with Tether, U2U Network, and Amazon Web Services to develop blockchain-based financial infrastructure in Vietnam. VIX Securities has also contributed capital to launch the VIX Crypto Asset Exchange, while teaming up with FPT Corp. to build out its technology stack. Banks are moving in parallel. MBBank has signed a technical cooperation agreement with Dunamu, the operator of Upbit, to explore launching a regulated exchange in Vietnam. Techcombank has already set up the Techcom Crypto Asset Exchange, while VPBank said it is ready to begin operations pending regulatory approval. Participation in the pilot program comes with strict requirements under Government Resolution No. 05/2025/NQ-CP. Applicants must be Vietnamese enterprises with a minimum paid-in charter capital of VND10 trillion ($380 million), largely funded by institutional investors. They must also meet detailed standards on infrastructure, governance, and staffing, including cybersecurity and licensed securities professionals. The regulatory push comes as crypto usage in Vietnam continues to expand. JUST IN: Vietnam launches national blockchain NDAChain to power digital IDs, smart contracts & government records with hybrid decentralization. pic.twitter.com/FiTZpkluqE — Whale Insider (@WhaleInsider) July 25, 2025 According to Chainalysis, crypto transaction volumes in Vietnam reached an estimated $220–230 billion between July 2024 and June 2025, placing the country among the top three crypto markets in the Asia-Pacific region. Until recently, digital asset activity operated without a clear legal framework. That changed with the Law on Digital Technology Industry , which took effect on Jan. 1, 2026, formally bringing digital assets under regulatory oversight. Tether Eyes Vietnam as Next Key Market As reported, stablecoin issuer Tether is exploring partnerships with Vietnamese companies to expand crypto adoption in the country. Vice President Marco Dal Lago called Vietnam one of Tether’s most “promising and strategic markets,” citing its youthful population, fast-growing economy, and high remittance volumes as strong fundamentals for digital asset growth. During a meeting with Deputy Prime Minister Ho Duc Phoc, Lago said Tether is ready to share its global expertise in building legal frameworks that support sustainable crypto transactions and economic development. The Deputy PM emphasized Vietnam’s ambition to create a professional, well-regulated investment environment and attract international capital. The post Vietnam Moves Crypto Exchanges Out of Legal Gray Area With Pilot Licensing appeared first on Cryptonews .
