#VietnamCryptoPolicy 1. Legal Priorities – Against Money Laundering
In March 2024, reaffirmed in May 2025, the Minister of Finance was tasked with establishing a legal framework to combat money laundering and the financing of terrorism through digital assets.
---
🚧 2. Currently “Gray” Legislation
Holding and trading as an asset is permitted, but digital currencies are not legal tender in Vietnam.
There is no complete licensing system yet, but the government plans to implement one soon.
---
🚀 3. “Simulation” Experiments Create the Environment
March 2025: The government has moved beyond initial considerations and began launching a first experiment for digital currency trading platforms within a “sandbox” at the level of private financial centers.
The plan was for the experiment to launch in March, but the Ministry of Finance requested further research and study before setting a final date.
---
📅 4. Phased Timeline
A comprehensive legal framework aimed to be completed by May 2025.
Official trading is expected within financial centers (like Da Nang/Ho Chi Minh) from July 2026, but it has been temporarily halted pending further study.
---
🌍 5. Broader Framework: Blockchain Strategy
In October 2024, Vietnam launched its national blockchain strategy until 2025, with a vision extending to 2030, to enhance infrastructure, education, and establish experimentation centers.
---
🗣️ 6. Voice from Within – Reddit Comments