#VietnamCryptoPolicy

🚫 Not Legal Tender

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✔️ Trading & Holding Allowed

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⚖️ Legal Framework Underway

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🧪 Sandbox Approach in Financial Centers

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📌 Summary Snapshot

FeatureStatusLegal tender❌ Not recognizedPayment useTrading & holdingPilot exchangeRegulatory sandboxTaxation

🧭 What This Means for You

🗣️ Insights from the Community

✅ Bottom Line

Vietnam does not ban crypto ownership or trading, but strictly prohibits its use as payment. The government is actively working on a legalized framework, expected to launch soon, starting with a pilot exchange this March 2025. Still, full clarity around taxation, investor protections, and regulations will take more time—likely rolling out throughout 2025–2026.

Would you like a deeper dive into any area—such as crypto tax treatment, the sandbox plans, or how the pilot exchange will work?