#VietnamCryptoPolicy

Currently, the government of Vietnam is actively preparing a legal framework for cryptocurrencies; the project is expected to be ready by March–June 2025.

🔹 For now, transactions and storage are allowed, but the use of cryptocurrencies as a payment method is prohibited, with fines of up to ~ $8,200.

🔹 A fintech sandbox will appear: pilot cryptocurrency exchanges will be launched in financial centers after approval, but not before 2026–2027.

💡 Summary: 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 soon appear, but for now, they are under control. This is the perfect time to prepare.