Key TakeawaysDeputy Governor Pham Thanh Ha noted that additional interest rate cuts are under consideration to support this growth trajectory. Increased liquidity may contribute to higher transaction volumes within local and international crypto markets, Vietnam’s central bank has set a credit growth target of 20% by the end of 2025. The prediction comes agaisnt the backdrop of crypto adoption spiking in the Southeast Asian country.As per reports, Deputy Governor Pham Thanh Ha noted that additional interest rate cuts are under consideration to support this growth trajectory. The adjustments come in response to external pressures, including tariffs imposed by the United States earlier this year. While the overall market impact has remained relatively limited, officials say the policy shift is intended to help stabilize the economy and maintain investor confidence.This monetary expansion could have broader implications for Vietnam’s growing digital asset sector. Increased liquidity may contribute to higher transaction volumes within local and international crypto markets, particularly as the country continues to formalize its approach to digital finance.In June, Vietnam’s National Assembly approved the Law on Digital Technology Industry, which officially recognizes digital assets under two main classifications: virtual assets tied to tokenized real-world goods and crypto assets like Bitcoin and Ethereum. The law is scheduled to take effect on January 1, 2026.The new framework also introduces specific provisions for cybersecurity and anti-money laundering, aligning with international standards. These updates are part of Vietnam’s broader effort to address regulatory concerns raised by the Financial Action Task Force (FATF), which placed the country on its gray list in 2023.As part of its digital finance roadmap, Vietnam recently launched a five-year pilot program for the crypto industry. The initiative is designed to establish operational rules, licensing conditions, and oversight mechanisms for businesses operating in the space.Data from recent market reports indicate that Vietnam has recorded over $220 billion in crypto asset flows so far in 2025—a 55% increase from the previous year. A Chainalysis report has highlighted that in the 12 months ending June 2025, Asia Pacific region emerged as the fastest-growing region for on-chain crypto activity, with a 69% year-over-year increase in value received, which was triggered by robust engagement across major markets like including Vietnam, India and Pakistan.Binance Secures Regulatory Approval in BrazilASIC Sues Binance Australia for Misclassifying Retail InvestorsGemini Gains Preliminary Approval from Singapore RegulatorLiechtenstein to Embrace Bitcoin, Allowing it for Payments: Reports