#VietnamCryptoPolicy Many countries completely criminalize cryptocurrencies, including Vietnam. Since 2021, the Vietnamese government has not recognized cryptocurrencies as legal tender or legitimate means of payment. The use of Bitcoin and Ethereum in daily commercial transactions is officially prohibited. However, authorities allow the trading of digital currencies as investment assets without full regulatory protection. Local exchange platforms are subject to oversight by the State Bank and guidance from the Ministry of Finance. The government is studying a new legislative framework to keep pace with global market developments. The amended Securities Law 2024 includes potential provisions for digital assets. Despite the restrictions, Vietnamese blockchain communities are thriving and attracting significant tech investments. Vietnam is showing an increasing awareness of the importance of balancing innovation with financial risk management. The Vietnamese market remains active, with expectations for the evolution of regulatory policies in the coming years. This dynamism reflects broader economic shifts in Southeast Asia towards the use of digital currencies. $BTC