#VietnamCryptoPolicy While cryptocurrencies are not legal tender, trading and holding them remain allowed. The government has initiated pilot programs, including sandbox exchanges in Ho Chi Minh City and Da Nang, aimed at creating a controlled environment for digital asset trading. A Draft Digital Technology Industry Law, expected to be debated in 2025, will define digital assets and outline regulatory mechanisms. Tax policies, including transaction and income taxes, are under review. With over 17 million users, Vietnam seeks to ensure investor protection, prevent financial crimes, and capture economic benefits from crypto adoption.