#VietnamCryptoPolicy Vietnam is advancing rapidly toward formal crypto regulation. The Prime Minister has instructed the Ministry of Finance and the State Bank to finalize a legal framework for digital assets—covering cryptocurrency trading, issuance, and AML safeguards—by March 2025 . Plans include launching a pilot “sandbox” crypto‑exchange in major financial hubs like HCMC and Da Nang in 2025–2026 . While crypto isn’t recognized as legal tender and can’t be used for payments, trading remains permitted . With around 17 million Vietnamese holding crypto, this framework aims to enhance security, foster investor confidence, and unlock tax revenue, positioning Vietnam as a fintech-forward Southeast Asian leader.