Crypto Regulations and Exchanges in October 2025: Pakistan, Vietnam, Singapore and More

When thinking about crypto regulation, the legal frameworks governments use to control digital assets like Bitcoin and Ethereum. Also known as digital asset law, it's no longer just about banning or allowing crypto—it’s about who controls it, how it’s taxed, and whether the state creates its own version. In October 2025, Pakistan made headlines by legalizing crypto holdings under the Virtual Assets Bill 2025, a new law creating PVARA to oversee digital assets. But here’s the twist: while you can own crypto, you still can’t use it to pay for coffee or trade openly. The real goal? Launching the state-backed Digital Pakistani Rupee, a government-controlled digital currency meant to replace private crypto in daily use. This isn’t isolation—it’s control.

Across Southeast Asia, Vietnam, a fast-growing market for crypto trading and DeFi. Also known as Southeast Asian crypto hub, it introduced Directive 05/CT-TTg, a strict licensing system requiring exchanges to meet capital rules and operational limits. Meanwhile, Singapore, the region’s established leader in crypto policy. Also known as MAS-regulated crypto center, kept its edge with stablecoin flows and institutional trust, making it the go-to for firms avoiding China’s crackdown and India’s uncertainty. These aren’t random policies—they’re responses to the same global pressure: how to let innovation happen without losing financial control.

That same month, traders weren’t just watching laws—they were testing exchanges. From the ultra-fast but limited PancakeSwap V3 on opBNB, a DEX built for low fees and quick trades, to the risky TokenEco, a platform later exposed as a scam, the choices were clear: efficiency or danger. Meanwhile, Bzetmex, Turkey’s regulated exchange, and BL3P, a top pick for Europeans, showed how regional compliance shapes trust. Even airdrops like VDR, the Vodra x CoinMarketCap token, and TENFI, from the TEN project, forced users to ask: is this real, or just a trap?

Underneath it all, the same questions kept coming up: How do you protect your money? That’s why guides on hot wallet vs cold wallet, the safest way to store crypto, and crypto risk management, using stop-losses and position sizing, were some of the most read pieces. Even document forgery, a growing crime on exchanges, showed how far people would go to bypass rules—and how hard regulators had to push back.

What you’ll find here isn’t just a list of articles. It’s a snapshot of a moment when crypto stopped being a fringe experiment and became part of national finance, legal systems, and everyday trading decisions. Whether you’re tracking a new regulation, avoiding a scam, or choosing your next exchange, these posts give you the facts without the fluff.