#VietnamCryptoPolicy #VietnamCryptoPolicy Vietnam is currently among the countries with the highest crypto adoption in the world. In 2024, it ranked fifth in Chainalysis's Global Crypto Adoption Index, with between 10 and 17 million people holding digital assets and estimated earnings of around 1,200 million USD from Bitcoin and other cryptocurrencies. However, the use of cryptocurrencies as a means of payment remains illegal, although buying and selling them is permitted.

In March 2025, Prime Minister Phạm Minh Chính ordered the Ministry of Finance and the State Bank to present a regulatory framework for digital assets and cryptocurrencies. A regulatory 'sandbox' environment is also anticipated to pilot a digitalized exchange platform in cities like Ho Chi Minh and Da Nang. Additionally, a National Blockchain Strategy (2025–2030) was launched to consolidate Vietnam as a regional leader in blockchain technology.