Vietnam's evolving crypto policy is signaling a major shift in Southeast Asia's digital asset landscape. The government recently approved a sandbox for blockchain startups, allowing regulated pilots in areas like tokenized finance, supply chain, and cross-border payments. This cautious but forward-looking approach aims to balance innovation with consumer protection and financial stability. Licensing frameworks for exchanges are under development, creating legal clarity for domestic and international players. Meanwhile, tax incentives and R&D grants are being rolled out to attract crypto talent and infrastructure investments. By proactively shaping regulation rather than reacting to market booms, Vietnam is positioning itself as a hub for responsible crypto innovation. #VietnamCryptoPolicy