๐น 1. Regulations Are Being Prepared The Vietnamese government is drafting a legal framework for crypto โ targeted for completion by MarchโMay 2025.
๐น 2. Official Crypto Exchange Will Be Launched Vietnam will begin testing a national crypto exchange starting in March 2025, under state supervision.
๐น 3. Crypto Not Legal as a Means of Payment Bitcoin and crypto assets can be traded but cannot be used to pay for goods/services.
๐น 4. Fintech Sandbox Planned Starting in 2026, Vietnam plans a testing zone (sandbox) for fintech and crypto in major cities.
๐น 5. High Crypto Adoption Vietnam is among the top 5 in the world in crypto adoption, with 17 million users and inflows > US$100 billion.
๐น 6. Tax Potential and Investor Protection New regulations will open tax opportunities and provide legal protection for both retail and institutional investors.
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๐ง Conclusion: Vietnam is heading towards the legalization of crypto as an asset, not as a means of payment. This opens up significant opportunities for investors and crypto startups, especially in Southeast Asia.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
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