Vietnam has shown a progressive approach towards the adoption of cryptocurrencies, although it still maintains a cautious stance in regulatory terms. Despite the prohibition of using crypto assets as a means of payment, the government has recognized the potential of blockchain technology for the economic and digital development of the country. By 2025, the State Bank of Vietnam is expected to advance in designing a clearer legal framework for digital assets, including pilot tests for a possible central bank digital currency (CBDC). Additionally, the Ministry of Finance is evaluating international models to adapt balanced regulation that fosters innovation without jeopardizing financial stability. This regulatory vision could turn Vietnam into an emerging center of blockchain innovation in Southeast Asia, boosting startups, attracting investments, and promoting education in crypto assets.

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