#VietnamCryptoPolicy The government is developing a comprehensive legal framework for digital assets, expected by the end of 2025. The Ministry of Finance (MOF) and SBV are tasked with proposing regulations, including anti-money laundering (AML) measures, know-your-customer (KYC) protocols, and licensing requirements for crypto operations. A regulatory sandbox is planned to test crypto exchanges and manage risks.
Vietnam is cautiously shifting from prohibition to regulation, with a legal framework expected by late 2025. While crypto adoption is high, its use as payment is illegal, and investors face risks due to unclear laws. The government seeks to harness blockchain’s potential while addressing fraud and financial risks. For updates, monitor official announcements from the MOF or SBV, as policies are rapidly evolving.