#VietnamCryptoPolicy
Vietnam’s crypto policy is evolving as the country seeks to balance innovation with regulation. While cryptocurrencies like Bitcoin are not recognized as legal tender, trading and holding crypto are not explicitly banned. The government has shown interest in blockchain technology and is working on a legal framework for digital assets. Vietnam’s Ministry of Finance has established a research group to study crypto-related risks and regulations. The central bank has also explored a digital currency pilot. Despite regulatory uncertainty, Vietnam remains one of the world’s top countries for crypto adoption, driven by a young population, high mobile usage, and economic opportunity.