#VietnamCryptoPolicy

Vietnam is witnessing a tangible transformation in its cryptocurrency regulation policy. By 2025, digital currency remained in a gray area – prohibited as a legal means of payment but not banned for trading. In March 2025, the Ministry of Finance, in collaboration with the Central Bank of Vietnam, launched a plan to test a legitimate exchange platform within a digital 'sandbox,' aimed at regulating the market and enhancing the country's economy. The legal plans include a draft digital technology law, a definition of digital assets, and licensing for service providers by the end of 2027. Although the regulatory design is still a work in progress, current steps indicate a clearer and more attractive investment environment, with reduced risks and protection for investors.