#VietnamCryptoPolicy ๐ป๐ณ Vietnam allows owning and trading crypto like Bitcoin ๐ฐ but does not recognize it as legal tender โ๐ต. Using crypto for payments is banned and punishable with fines โ ๏ธ. The government is working on a full legal framework ๐ for crypto by 2025 ๐. A sandbox program ๐งช will launch by mid-2026 to test blockchain use cases, in partnership with platforms like Bybit ๐ค. The national Blockchain Strategy 2024โ2030 ๐ supports tech innovation ๐. Authorities are also exploring crypto taxation ๐ธ, including capital gains and transaction taxes, but face challenges due to anonymity and lack of regulation ๐ต๏ธโโ๏ธ.
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