#VietnamCryptoPolicy Vietnam's crypto policy has been evolving, with the government taking steps to regulate the industry. Here are some key points [1]:

- *Regulatory framework*: The State Bank of Vietnam (SBV) has issued guidelines on cryptocurrency management, emphasizing the need for anti-money laundering (AML) and know-your-customer (KYC) compliance.

- *Legality*: Cryptocurrency trading and investment are not explicitly banned, but there are restrictions on using cryptocurrencies for payments.

- *Taxation*: The government is working on tax regulations for cryptocurrency transactions.

- *Blockchain development*: Vietnam is promoting blockchain technology development, with initiatives like the Vietnam Blockchain Association.