#VietnamCryptoPolicy In Vietnam, cryptocurrencies are not recognized as legal tender, but their use and trade are subject to strict regulations. Authorities require exchanges to comply with anti-money laundering (AML) standards and impose know your customer (KYC) obligations. However, a clear legal framework is still lacking, making the business environment uncertain. Profits from cryptocurrency transactions must be declared for tax purposes. Regulations continue to evolve to enhance investor security while taking into account innovation in blockchain technology.