#VietnamCryptoPolicy

Vietnam is working on a clear regulatory framework for crypto currencies The State Bank of Vietnam does not allow crypto as legal payment but owning and trading it is still allowed Authorities are drafting new laws and preparing sandbox programs in major cities like Ho Chi Minh City and Da Nang to test crypto exchanges The government aims to pilot a legal crypto market from 2025 to 2027 They are also looking into tax models such as capital gains and transaction levies to increase revenue while supporting market growth Vietnam sees crypto as a key part of its digital economy strategy