#VietnamCryptoPolicy Vietnam is actively moving towards the formalization of the crypto market. In March 2025, the Ministry of Finance and the State Bank of the country submitted a pilot crypto exchange platform for government consideration within a sandbox 🛡️. The government also instructed to form a full-fledged legal framework for crypto assets by the end of March: regulation, AML, KYC, investor protection 💼.

Earlier, in October 2024, Vietnam approved a strategy for blockchain development until 2025 (with a perspective until 2030), covering research, education, infrastructure, and sandbox zones in various sectors 🏛️.

📊 Against the backdrop of high crypto adoption — 17 million users (21% of the population) and $120 billion in transactions in 2023 — this is turning Vietnam into one of the key players in Asia 🌐.

➡️ Conclusion: legislative clarity and pilots will allow for the legal entry of institutions, stimulate the launch of startups, and protect investors. This also creates new opportunities for businesses: from DeFi to NFT.

💡 The purpose of regulation: a balance between the development of FinTech and risks — and this can become a catalyst for the next growth of the crypto market in Vietnam! 🇻🇳