#VietnamCryptoPolicy

Currently, the Vietnamese government is actively preparing the legal foundations for cryptocurrencies — the expected ready project by March–June 2025.

🔹 For now, trading and storage are allowed, but the use of cryptocurrencies as payment is prohibited, with penalties of up to ~$8,200.

🔹 A fintech sandbox will be established: pilot cryptocurrency exchanges will launch in financial centers after agreement, but not before 2026–2027.

💡 Summary: Vietnam is transitioning from chaos to strict regulation: rules are being created, exceptions for payments are prohibited, but trading and storage are supported. The first pilot exchanges will soon appear, currently under control. This is the perfect time for preparations.