#VietnamCryptoPolicy Vietnam is gradually shifting its cryptocurrency policy from strict prohibition to a more regulated and experimental approach. While cryptocurrencies like Bitcoin are not recognized as legal tender and cannot be used for payments, trading is not explicitly illegal, creating a legal grey area. The government, through the Ministry of Finance and the State Bank of Vietnam, is preparing a pilot regulatory framework to test crypto markets under supervision until 2027. This includes licensing crypto service providers and developing tax and anti-money laundering measures. A fintech sandbox is also planned for 2025 to support innovation. Vietnam’s evolving stance reflects a broader strategy to embrace digital assets cautiously while ensuring financial security and
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