#VietnamCryptoPolicy
Here you have an updated overview of the cryptocurrency situation in Vietnam:
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📊 Mass adoption and investor profile
0-1Vietnam ranks fifth in the world in cryptocurrency adoption according to Chainalysis . 262-0It is estimated that currently more than 17 million Vietnamese own crypto assets, equivalent to 21 % of the population .
422-0A report from December 2023 shows that nearly 65 % of investors did not make profits, and 43.6 % faced losses .
588-0The crypto community is very young and urban: 85 % are men, 47 % are between 26‑36 years old, and almost 50 % reside in Ho Chi Minh City and Hanoi .
According to a discussion on Reddit:
> 764-1“76 % of Vietnamese crypto holders invest based on referrals, … 75 % desired more regulatory intervention” .
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