$BTC Vietnam's cryptocurrency policy is becoming increasingly strict. Starting in 2024, the Vietnamese government explicitly prohibits the use of cryptocurrency as a means of payment and has strengthened regulation of illegal transactions. The central bank warns the public to be cautious of the risks associated with cryptocurrency, emphasizing that it is not protected by law. Although blockchain technology is encouraged, all cryptocurrency transactions must comply with anti-money laundering regulations. Businesses involved in cryptocurrency activities must obtain licenses. Vietnam is seeking to balance innovation with financial stability, and investors need to closely monitor policy changes to avoid legal risks.