#VietnamCryptoPolicy

Vietnam Crypto Policy: Key Points

1. ❌ Illegal as Payment

Since April 2018 (Directive 10/CT‑TTg, Decision 02/CT‑NHNN), the State Bank of Vietnam (SBV) explicitly prohibits issuance, supply, and use of cryptocurrencies (like Bitcoin) as payment in Vietnam .

Violators face administrative or criminal penalties, including fines (~150–200 million VND) .

2. ⚖️ Legal Gray-Zone for Holding & Trading

Owning, buying, selling, or holding crypto is not criminalized—it is not legal tender, but it’s also not banned antlawyers.vn.

Crypto isn't defined under Vietnamese law as currency, commodity, security, or asset, so it's in a regulatory gray area .