#VietnamCryptoPolicy 🚫 Current Legal Status

Cryptocurrencies are not legal tender in Vietnam. The State Bank explicitly prohibits their issuance, supply, or use as a means of payment—violators face fines ranging from VND 150–200 million (approx. $6,200–8,200) and possible criminal charges .

Despite this, trading and investment in digital assets are not outlawed—Vietnam is in a "grey zone" where markets flourish but lack investor protection or legal clarity .