Vietnam is gradually shaping its crypto policy amid growing interest in digital assets. The government does not recognize cryptocurrencies as legal tender, but it allows their use as virtual assets for investment and trading. The State Bank of Vietnam is exploring the development of a central bank digital currency (CBDC). Regulatory clarity is still evolving, with a focus on investor protection, anti-money laundering (AML), and preventing financial crimes. Vietnam’s Ministry of Finance has established a research group to study crypto regulations. While crypto adoption is rising, comprehensive legislation is expected to be introduced to ensure safer and more structured market growth.
