#VietnamCryptoPolicy #VietnamCryptoPolicy

🇻🇳 Vietnam Crypto Policy – Summary (2025)

🔹 Is Crypto Legal?

✅ You can own and trade crypto

❌ But you can’t use it to buy things (not allowed for payments 🛒)

🔹 New Rules Coming

📜 The government is making new crypto laws

🧪 A test phase (sandbox) will run until 2027

🔹 What’s in the New Laws?

🏦 Legal crypto exchanges and services will be allowed

🌆 Some cities like Ho Chi Minh City may get special crypto zones

🔹 What About Banks?

🚫 Banks are not allowed to deal with crypto

💳 They can’t help with payments or transfers using crypto

🔹 Will There Be Taxes?

💸 Yes! The government is planning:

🔁 A small tax on trades (~0.1%)

📈 A tax on profits

🏢 Fees for crypto businesses

🔹 Safety and Rules

🕵️‍♂️ Crypto platforms must check who you are (KYC)

⚠️ They must report suspicious activity

🌍 The government wants to track money going in/out of Vietnam