The cryptocurrency policy in Vietnam is becoming increasingly strict. Starting in 2024, the government of Vietnam explicitly prohibits the use of cryptocurrencies as a means of payment and has strengthened the oversight of illegal transactions. The central bank warns the public about the risks of cryptocurrencies, emphasizing that they are not protected by law. Although blockchain technology is encouraged, all cryptocurrency transactions must comply with anti-money laundering regulations. Companies engaging in cryptocurrency businesses must obtain a license. Vietnam seeks to balance innovation with financial stability, and investors should pay attention to policy changes to avoid legal risks.