As of 2024, Vietnam's cryptocurrency policies are becoming increasingly strict. The Vietnamese government has explicitly prohibited the use of cryptocurrencies as a means of payment and has strengthened regulations on illegal transactions. The central bank warns the public to be cautious of the risks associated with cryptocurrencies, emphasizing that they are not legally protected. Although blockchain technology is encouraged, all cryptocurrency transactions must comply with anti-money laundering regulations. Companies involved in cryptocurrency business must obtain a license. Vietnam is seeking to balance innovation and financial stability, and investors need to closely monitor policy changes to avoid legal risks.