Vietnam is implementing a carefully designed crypto policy under the label #VietnamCryptoPolicy , focused on establishing a robust legal framework by the end of 2025. The Ministry of Finance and the State Bank are leading the development of regulations that will either allow or restrict crypto assets, with key objectives: to prevent money laundering, the financing of terrorism, and to ensure transparency for operators and investors. In March 2025, Prime Minister Pham Minh Chinh ordered the presentation of a bill by the end of the month, including possible regulatory 'sandboxes' and pilot platforms for digital exchange. Although cryptocurrencies are neither prohibited nor recognized as a form of payment, their use resides in a gray area; trading is legal, but their use as currency is not. With high adoption (between 17% and 21% of the population), Vietnam seeks to attract private investment and raise tax revenues, establishing itself as an emerging reference in crypto policy in Asia.