PANews reported on April 19 that Bybit CEO Ben Zhou posted on the X platform that he met with Vietnam’s Minister of Finance HE Nguyen Van Thang, who expressed Bybit’s strong support for Vietnam’s regulatory sandbox program and its vision of building a secure, transparent, and innovation-friendly digital asset ecosystem.

The meeting was held at the headquarters of the Ministry of Finance of Vietnam and focused on Vietnam’s efforts to establish a comprehensive legal framework for crypto assets. HE Nguyen Van Thang outlined Vietnam’s plan to launch a pilot sandbox mechanism that will allow regulators to test the issuance and trading of crypto assets in a controlled environment. The plan aims to reduce risks, strengthen investor protection and ensure regulatory readiness before formal legislation is introduced.