#VietnamCryptoPolicy

Vietnam is among the top crypto adopters globally:

5th in Chainalysis’s 2024 adoption index, with ~17 million holders and >$100 billion in value .

Strong growth and informal (largely unregulated) markets, prompting push for regulation to capture tax revenue (~US $800 million/year estimated) .

The Vietnam Blockchain Association supports regulated growth via sandbox zones and industry dialogues .