#VietnamCryptoPolicy

🇻🇳 Vietnam’s Crypto-Regulation Overview

1. From Grey Zone to Legal Framework by May–March 2025

2. Draft Resolutions Slated by March 13, 2025

3. Key Draft Laws & Pilot Programs

5. Ongoing Risks & Road Ahead

A regulatory rush aims to balance security and innovation—via sandboxes, licensing, AML controls, and taxation.

Passage of legal and pilot frameworks is expected by mid‑2025, with sandbox testing running through 2027, setting the stage for permanent legislation afterward.

🔜 What to Watch in 2025

Time FrameMilestoneMay 2025National Assembly may vote on DTI and Financial Center lawsBy December 2027Crypto pilot phase in effect—data gathered to shape permanent rulesThroughout 2025–2026Guidelines on taxation, KYC, licensing, and enforcement released

✅ Summary

Vietnam is transforming from an informal crypto market into a structured, regulated, and taxable ecosystem. Key developments include:

Legislation expected by mid‑2025,

Pilot sandboxes until late‑2027,

Licensing for exchanges,

AML/KYC and taxation frameworks in progress.