#VietnamCryptoPolicy
Vietnam is moving decisively to regulate crypto. In March 2025, the Ministry of Finance was tasked by the Prime Minister to finalize a legal framework for digital assets, targeting submission by mid‑March and full enactment by May 2025 to combat money laundering . Simultaneously, a pilot crypto exchange is launching at select financial centers to create a state‑approved sandbox for individual and institutional trading . Despite crypto still being illegal as payment under central bank rules, this marks a shift: Vietnam aims to regulate and harness blockchain, fostering innovation and protecting investors while tightening oversight.