#VietnamCryptoPolicy

Vietnam is stepping up in the crypto world with bold regulatory moves. The government has launched a national strategy for blockchain and crypto development through 2030, focusing on creating a clear legal framework for digital assets.

A sandbox program is set to pilot crypto exchanges in cities like Ho Chi Minh and Da Nang by 2025, giving Vietnam a controlled environment to test platforms while protecting users. The Ministry of Finance is also working on anti-money laundering (AML) and Know Your Customer (KYC) regulations to ensure secure transactions.

While trading crypto is allowed, using it for payments remains banned. Plans for crypto taxation—including capital gains and transaction fees—are under discussion, aiming to regulate without driving innovation away.