#VietnamCryptoPolicy

Vietnam is steadily advancing its approach to cryptocurrency regulation, aiming to strike a balance between innovation and risk management. While crypto is not yet recognized as legal tender, the government permits trading and investment under a cautious regulatory framework. The State Bank of Vietnam and Ministry of Finance are actively studying digital assets and considering clearer legal definitions and oversight. Vietnam has also explored piloting a central bank digital currency (CBDC) to modernize payments. With one of the highest crypto adoption rates globally, the country’s evolving policy aims to support financial inclusion, combat fraud, and foster a safe, innovative crypto environment.