$BTC

Vietnam clearly prohibits cryptocurrencies as a means of payment, but allows the holding and trading of these assets. The SBV (central bank) reminds that the use of #Bitcoin or other cryptos for payment can lead to sanctions.

However, the adoption of cryptos is massive: nearly 17 million users, and about 120 billion dollars have circulated between July 2022 and June 2023, making the country one of the top global leaders in crypto adoption.