#VietnamCryptoPolicy Vietnam’s government says crypto is illegal. Vietnam’s citizens say *hold my pho*—the country ranks among the world’s top adopters. From Saigon’s coffee shops to Hanoi’s tech hubs, everyone’s trading memecoins or farming DeFi like it’s rice paddies 2.0.

Officially? No licenses, no protections, just vague warnings. Unofficially? Authorities turn a blind eye as long as taxes get paid (maybe). The chaos birthed a DIY crypto scene—P2P deals, VPNs, and Telegram groups moving millions under the radar.