#VietnamCryptoPolicy Policy Update: A New Era of Regulation

Vietnam is rapidly shifting from a crypto “grey zone” toward structured, state-led experimentation and regulation:

🧭 1. Crypto Not Legal Tender—but Trading Allowed

The State Bank of Vietnam prohibits cryptocurrencies as a legal means of payment, and violations can result in fines of around ₫150–200 million (≈ US $5,600–7,500) 

However, buying, holding,