🇻🇳 Vietnam’s Crypto Policy Is Shifting—Fast
Vietnam is moving from a crypto grey zone into a regulated sandbox, signaling clear intent to harness blockchain while protecting its users.
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🛡️ Key Developments:
• Pilot crypto exchange launching in March 2025 under Ministry of Finance guidance   .
• Comprehensive legal framework to be drafted by May 2025 through Directive No. 05/CT‑TTg and SBV collaboration .
• National Blockchain Strategy 2024–2030 supports sandbox testing and crypto integration .
• Sandboxes with Bybit & global players to pilot exchanges, custody, AML/KYC—all ahead of full legislation by mid‑2026/27 .
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🚀 Why It Matters:
• 17M+ holders, $120B+ flows—Vietnam ranks top‑5 globally in crypto adoption .
• Investor protection increases with formal exchanges, tax transparency, AML oversight .
• Local innovation unlocked—businesses can issue tokens, startups access funding, and blockchain becomes national fintech backbone .
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❓ What’s Next:
• When will the pilot convert into nationwide regulation?
• Will the draft Digital Tech Industry Law pass this May?
• How fast will sandboxes scale and bring institutional players on‑chain