#VietnamCryptoPolicy Vietnam is gradually shaping its cryptocurrency policy, balancing innovation with regulation. While crypto assets are not recognized as legal tender, trading and holding digital assets like Bitcoin remain legal. The Vietnamese government, through the Ministry of Finance and State Bank, is working on a legal framework to regulate crypto more effectively. A pilot program to explore a central bank digital currency (CBDC) was initiated in 2021, signaling openness to blockchain innovation. However, the country maintains strict controls on ICOs and crypto-related fundraising to prevent fraud and protect investors. Tax authorities are also tightening scrutiny on crypto earnings. As Vietnam’s digital economy grows, policymakers aim to ensure that crypto adoption aligns with financial stability and national interests.