Is LBank available in Vietnam?
LBank is reachable by residents of Vietnam and is not a platform licensed under Vietnam's new digital asset regime. Vietnam's Law on Digital Technology Industry recognises crypto assets from 1 January 2026, the Ministry of Finance handles platform licensing, and the State Bank of Vietnam prohibits crypto as a means of payment.
Information, not advice. This is general information, not legal, tax, or financial advice. Verify the current rules with a qualified local professional and the official regulator before acting.
How we checked this. We set this status by reading the platform's own terms of use and country eligibility, and the public register kept by the named regulator, then dated the result. Availability can change, so confirm directly with the platform and the regulator before acting. As of 26 June 2026.
As of 26 June 2026, LBank is reachable by residents of Vietnam, but it is not licensed under Vietnam's new digital asset framework. Vietnam's Law on Digital Technology Industry, Law No. 71/2025/QH15, took effect on 1 January 2026 and recognises crypto assets as a form of property, while the State Bank of Vietnam continues to prohibit using crypto as a means of payment. Trading is meant to move onto platforms licensed by the Ministry of Finance, so confirm LBank's status before acting.
Availability for Vietnam residents
As of 26 June 2026, LBank is reachable by residents of Vietnam and offers spot trading among other products. Vietnam is not named among the jurisdictions LBank says it does not support. LBank is not, however, a platform licensed under Vietnam's new digital asset framework.
Vietnam's Law on Digital Technology Industry, Law No. 71/2025/QH15, took effect on 1 January 2026 and for the first time recognises crypto assets as a form of property that can be owned and traded. The Ministry of Finance is responsible for licensing platforms that provide crypto trading services, and it began accepting applications in early 2026. Trading is intended to move onto licensed platforms over time.
The State Bank of Vietnam continues to prohibit using crypto as a means of payment, so crypto is not legal tender in Vietnam even though holding and trading it as an asset is permitted. Treat the availability of LBank to Vietnam residents as present but operating ahead of the new licensing regime, and verify the current position directly.
Access, verification, and products
LBank is a custodial platform, which means it holds the assets in your account on your behalf rather than handing you the private keys. Vietnam users typically fund accounts by depositing crypto, and identity verification, known as know your customer, is required before trading. Local currency rails can be limited for a global platform.
The products offered to any country depend on local rules and on the licences the platform holds. As Vietnam's licensing regime develops, the set of platforms that can lawfully serve Vietnam residents may change. Confirm what is offered to Vietnam on the platform itself, and treat the licensing position as the main open question.
How crypto is taxed in Vietnam
Under Vietnam's new framework, reporting in 2025 and 2026 described a personal income tax of 0.1 percent applied to the value of each crypto transaction, alongside corporate tax treatment for businesses. The detailed rules were still being implemented through guidance as the law took effect.
Because the framework is new and the guidance is developing, confirm the current treatment with Vietnam's tax authority or a qualified adviser. See the Vietnam crypto tax page for a fuller explanation. This is general information, not tax advice, stated as of 26 June 2026.
Several global platforms are reachable by Vietnam residents while the new licensing regime takes shape. Availability and products vary, so compare the exchanges that genuinely serve Vietnam and watch for the move toward locally licensed platforms before you choose.
Every availability status here is dated and checked against the named regulator's public register. We never place a link to a platform where it is not available.
Regulator and sources
Vietnam's framework rests on the Law on Digital Technology Industry, with the Ministry of Finance handling platform licensing and the State Bank of Vietnam addressing payments. The position below is stated as of 26 June 2026 and should be confirmed on the primary sources.
- National Assembly of Vietnam, Law on Digital Technology Industry, Law No. 71/2025/QH15, in force from 1 January 2026.
- Ministry of Finance of Vietnam, licensing of crypto trading service providers.
- State Bank of Vietnam, position that crypto is not a lawful means of payment.
- LBank, User Agreement and lists of supported and restricted jurisdictions.
Frequently asked questions
Is LBank available in Vietnam?
As of 26 June 2026, LBank is reachable by residents of Vietnam and offers spot trading among other products. It is not a platform licensed under Vietnam's new digital asset framework, so verify the current position before acting.
Is crypto legal in Vietnam?
Yes. Vietnam's Law on Digital Technology Industry, in force from 1 January 2026, recognises crypto assets as a form of property that can be owned and traded. Using crypto as a means of payment remains prohibited by the State Bank of Vietnam.
Is LBank licensed in Vietnam?
No. As of 26 June 2026, LBank is not licensed by the Ministry of Finance under Vietnam's new regime for crypto trading platforms. The licensing process began in early 2026 and is developing.
Can I pay with crypto in Vietnam?
No. The State Bank of Vietnam prohibits using crypto as a means of payment, so crypto is not legal tender. Holding and trading crypto as an asset is permitted under the new law, as of 26 June 2026.
How is crypto taxed in Vietnam?
Reporting around the new framework described a personal income tax of 0.1 percent on the value of each transaction, with rules still being implemented. See the Vietnam crypto tax page. This is general information, not tax advice, as of 26 June 2026.
Where can I confirm LBank's Vietnam status?
Check Vietnam's Ministry of Finance for licensing, the State Bank of Vietnam for the payments position, and LBank's own User Agreement. Those primary sources are the most current way to confirm before acting.
Rules change frequently. Vietnam's licensing regime is new and exchange availability can change at short notice. The position on this page is dated 26 June 2026. Confirm the current status with the Ministry of Finance, the State Bank of Vietnam, and the platform before you act.
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