SOLUSDT
Permanent
156.84
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🛡️ 1. Legal Priorities – Against Money Laundering
In March 2024, reaffirmed in May 2025, the Minister of Finance was tasked with establishing a legal framework to reduce money laundering and the financing of terrorism through digital assets.
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🚧 2. Currently “Gray” Legislation
Holding and trading as an asset is allowed, but cryptocurrencies are not a legal means of payment in Vietnam.
There is currently no complete licensing system, but the government plans to implement one soon.
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🚀 3. “Simulation” Trials Create the Environment
March 2025: The government has moved beyond initial considerations and began launching a first trial for cryptocurrency trading platforms within a “sandbox” at private financial centers.
The plan was for the trial to start in March, but the Ministry of Finance requested more research and study before setting a final date.
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📅 4. Phased Timeline
A comprehensive legal framework aims to be completed by May 2025.
Official trading is expected within financial centers (such as Da Nang/Ho Chi Minh) from July 2026, but it has been temporarily halted pending further study.
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🌍 5. The Broader Framework: Blockchain Strategy
In October 2024, Vietnam launched its national blockchain strategy through 2025, with a vision extending to 2030, to enhance infrastructure, education, and establish experimental centers.
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