#VietnamCryptoPolicy
Vietnam is taking major steps toward regulating the cryptocurrency market through a structured national policy. The government plans to launch a pilot cryptocurrency exchange by the end of March 2025, under the direction of the Ministry of Finance. This move is part of a broader effort to create a legal framework for digital assets, following Prime Minister Phạm Minh Chính’s directive to regulate and supervise the crypto space effectively. With nearly 17 million Vietnamese citizens—about 20% of the population already holding crypto, Vietnam ranks among the top countries in crypto adoption. The proposed policy includes setting up fintech sandbox zones in cities like Ho Chi Minh City and Đà Nẵng, potentially beginning in mid-2026. The government also aims to reduce underground crypto trading and generate tax revenue, with estimates suggesting over $800 million annually from a minimal 0.1% transaction tax. These developments indicate Vietnam’s ambition to transform from an unregulated crypto hotspot to a secure, innovation-friendly digital economy.
