#越南加密政策 Vietnam Government's Cautious Attitude Towards Cryptocurrency

Although the Vietnamese government has not completely banned cryptocurrency, it maintains a cautious stance. The central bank has repeatedly reminded the public that cryptocurrency is not legally protected and prohibits financial institutions from providing related services. In 2024, the Ministry of Public Security will strengthen efforts to combat cryptocurrency fraud and illegal fundraising activities. Analysts believe that Vietnam may follow China's approach of implementing a 'technology support, trading restriction' policy, encouraging blockchain technology while suppressing speculative behavior.