#VietnamCryptoPolicy Vietnam is moving from a regulatory gray zone to a controlled and transparent crypto environment. By March 2025, the Ministry of Finance and State Bank were tasked by PM Phạm Minh Chính to draft a comprehensive legal framework, including sandbox trials at designated financial hubs in HCM City and Đà Nẵng

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. Starting March, a pilot crypto exchange will operate under authorized oversight, with anti–money laundering and KYC rules to safeguard users and revenues

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. Cryptocurrency remains illegal as a payment method, but legal for trading as assets

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. The goal is to protect investors, curb illicit activity, tap taxes, and position Vietnam as a fintech leader.

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