#VietnamCryptoPolicy 🇻🇳 1. Pilot Crypto‑Exchange in 2025

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2. Regulatory “Sandbox” in Financial Centers

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3. Legal Framework by March 2025

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4. Timeline Disputes & Coordination

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5. Adoption, Risk, and Market Scope

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✅ Bottom Line:

Vietnam is moving swiftly to build a regulated digital‑asset ecosystem:

March 2025: Launch of pilot crypto‑exchange.

By March 2025: Submission of a legal framework clarifying definitions, issuance, trading, and AML/CFT safeguards.

Sandbox testing planned in financial centers, though a 2026 start remains flexible.

Once fully established, these reforms should legitimize crypto markets, improve investor protection, curb illicit use, and retain capital and innovation within Vietnam.

🕵️‍♂️ What’s Next?

Would you like a deeper dive into:

The planned legal definitions and structure?

Impact analysis on Vietnamese investors and businesses?

A timeline forecast for regulatory adoption or key milestones?