#VietnamCryptoPolicy
Vietnam's cryptocurrency policy is evolving, with the government working to balance innovation and financial security. Here's an overview .
- Current Regulatory Framework : Cryptocurrency is not recognized as a legal payment method, but owning and trading crypto is not explicitly illegal. The State Bank of Vietnam prohibits using cryptocurrencies for payments.
- Upcoming Regulations : A legal framework for crypto regulation is expected to be implemented by May 2025, addressing ownership, AML measures, taxation policies, and licensing requirements.