#VietnamCryptoPolicy 🇻🇳

🔹 Currently, the Vietnamese government is actively preparing legal foundations for cryptocurrencies — the expected ready project will be ready by March–June 2025.

🔹 For now, trading and storage are allowed, but the use of cryptocurrencies as payment is prohibited, with penalties up to ~ $8,200.

🔹 A fintech sandbox will be established: pilot cryptocurrency exchanges will launch in financial centers after agreement, but not before 2026–2027.

💡 Summary: Vietnam is transitioning from chaos to strict regulation: rules are being created, exceptions for payments are prohibited, but trading and storage are supported. The first pilot exchanges will soon appear, currently under control.