#VietnamCryptoPolicy
Vietnam is transitioning from a grey-area to a regulated environment.
Payment use remains banned, but trading and holding are increasingly accepted.
Pilot programs and regulatory frameworks are rolling out:
Crypto market sandbox by mid-2026
Legal infrastructure expected by end-May 2025
Full pilot implementation will run through 2027, laying groundwork for mature regulation.
Progress Highlights
Sandbox plan: Scheduled mid-2026 for controlled experimentation in fintech/crypto .
Stakeholder coordination: MOF, SBV, Justice, Public Security, and Science & Tech ministries collaborating on a unified approach .
Public and investor push: Millions of users & crypto firms are urging clearer frameworks; Vietnam ranks top 5 globally in crypto adoption .