#VietnamCryptoPolicy

Despite cryptocurrencies not being recognized as legal tender, Vietnam has witnessed significant growth in digital asset adoption. By 2024, over 17 million individuals owned crypto assets, and the country ranked fifth globally in crypto adoption . The government has also considered implementing a regulatory sandbox to allow controlled testing of crypto trading platforms and fintech innovations .

The proposed legal framework aims to provide clarity, enhance investor protection, and integrate digital assets into the formal economy, aligning with Vietnam's broader digital transformation goals.