#VietnamCryptoPolicy 🔹 The Vietnamese government is currently actively preparing a legal framework for crypto — a ready project is expected by March–June 2025.

🔹 While trading and storage are permitted, the use of crypto as a payment method is prohibited, with fines up to ~ $8,200.

🔹 A fintech sandbox will be established: pilot crypto exchanges will launch in financial centers after approval, but not before 2026–2027.

💡 Conclusion: Vietnam is moving from chaos to strict regulation: rules are being created, exceptions for payments are prohibited, but trading and storage are supported. The first pilot exchanges will appear soon, still under control. Now is the perfect time for preparation.