#VietnamCryptoPolicy

Cryptocurrencies aren't legal tender in Vietnam — the State Bank prohibits their use for payments, though trading and holding remain allowed but unregulated .

2. Urgent Government Actions

Decision 194/QĐ‑TTg (Feb 2024) tasked the Ministry of Finance (MoF) with drafting a legal framework by May 2025 to prevent money laundering and terrorist financing .

Directive 05/CT‑TTg (Mar 2025) further instructed MoF and the State Bank to prepare a comprehensive digital asset regulation by March 2025 .