🇻🇳 In March 2025, the Vietnamese government launched a pilot cryptocurrency exchange in financial centers (Ho Chi Minh, Da Nang) — the beginning of testing a regulated environment under sandbox policy
📜 At the same time, the Ministry of Finance and the State Bank are working on a draft law on digital assets; a resolution with rules for exchange, AML/KYC, and security should be approved by mid-March
⚖️ While crypto is not recognized as a legal means of payment, it is legal to hold and trade — there are currently no taxes, but a 0.1% tax (similar to stocks) is being discussed
💡 The Vietnamese market is among the leaders in terms of penetration (~17 million holders, fifth place in the world)