Vietnam's cryptocurrency policies are becoming increasingly strict. Starting in 2024, the Vietnamese government explicitly prohibits the use of cryptocurrencies as a means of payment and has strengthened supervision over illegal transactions. The central bank warns the public to be vigilant 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. Businesses involved in cryptocurrency activities 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.