The State Bank of Vietnam, the country’s central bank, is expected to increase credit of nearly 20% in 2025, a step that can detect liquidity flow to global crypto markets amid increased regional adoption.
Pham Thanh ha, Deputy Governor of Central Bank, said Friday that interest rates need to break further to encourage economic growth and reduce uncertainty from tariffs imposed in the USAccording to Reuters.
Vietnam’s The legal cryptocurrencies of the government In June as part of the broader technology regulation, categorizing cryptocurrencies as any of the virtual possessions that represent Real World Products To Tokenized or crypto assets such as bitcoin (Btc) and ether (Eth).
However, the government placed a ban on the discharge 5-year Sandbox Pilot Programthat began in September.
Vietnam has been positioned to become a regional hub for crypto in Southeast Asia due to the government’s focus on emerging technologies, a relatively young population, and stable crypto adoption, rank of four chainalysis’ 2025 Global Crypto Adoption Index.
Related: Why are we bitcoin – Vietnam closes 86m bank accounts that have failed biometrics
The Asia-Pacific region leads to the adoption of crypto
The Asia-Pacific (APAC) region is the fastest growing region for crypto adoption, according to chainalysis, with nine of the top 20 countries in the global crypto adoption of the region.
APAC experienced 69% year-to-year growth in crypto amounts received while transaction volumes sank from $ 1.4 trillion to more than $ 2.3 trillion in 2025, led by adoption in India, Pakistan, and Vietnam, shown chainalysis data.
Government of Vietnam Deployed a national blockchain database For identity and public records in July, to serve as a regulated foundation for contact with the digital economy, onchain platforms, and Internet applications.
The National Blockchain, called NDachain, is a Layer-1 network with 49 nodes managed by private public partnerships.
NDachain aims to produce sensitive personal data, which is usually stored on centralized servers, safer against cyberattacks by distributing data to a slightly decentralized system.
The system depends on a mixture of decentralized and allowable systems, According to For Nguyen Huy, the head of technology for the National Data Association (NDA) of Vietnam, which oversees NDachain.
Magazine: Finally exploded in space with Justin Sun, Vietnam’s new national blockchain: Asia Express
