#VietnamCryptoPolicy • Central banks prohibit the use of cryptocurrencies as a means of payment, but around 17–26 million citizens currently own digital assets in an unregulated market.

• In March 2025, the government will issue a decision to operate a trial exchange for trading cryptocurrencies under the supervision of the Ministry of Finance with the aim of regulating the market and ensuring the rights of investors.

• The Ministry of Planning and Investment is preparing a "regulatory sandbox" mechanism in financial centers to grant licenses to traders and platforms and assess the impact of new financial technologies, including digital assets.

• Cooperation is being coordinated between the Ministry of Finance, the State Bank, and the Ministry of Justice to establish controls to combat money laundering and terrorism financing, in addition to rules for the issuance and trading of non-fungible tokens (NFTs) and other tokens.

• The ultimate goal is to complete the comprehensive legal framework by mid-2025, which will open the door to enhancing the efficiency of the digital market and attracting new investments while protecting investors and state resources.