#VietnamCryptoPolicy Vietnam is moving toward a more defined and structured cryptocurrency policy. While the State Bank of Vietnam still prohibits cryptocurrencies as legal tender, owning and trading digital assets remain legal. Recently, the government directed key ministries to draft a comprehensive legal framework for crypto, including regulations for anti-money laundering, licensing, and taxation. A regulatory sandbox is also being developed, allowing crypto platforms to operate under supervision before full legalization. With Vietnam ranking among the top countries in crypto adoption, these changes reflect the government's aim to balance innovation and control—ensuring economic opportunity while minimizing financial risk in the digital asset space.