🇻🇳 Vietnam’s Crypto Policy Update: From Grey Zone to Regulated Pilot Era 🚦

Vietnam is shifting gears on digital assets in a major way. While crypto has been tradable in a regulatory grey zone—prohibited as payment yet allowed as an asset—things are changing fast . To combat money laundering and secure investment safeguards, the government mandated a legal framework by May 2025, under Decision.

In early 2025, PM Pham Minh Chinh issued Directive 05/CT‑TTg, tasking the Finance Ministry and State Bank of Vietnam with crafting comprehensive crypto legislation and launching a sandbox pilot in collaboration with exchanges like Bybit . The first pilot crypto exchanges are set to go live in March 2025, offering legally authorized platforms and investor protections . The full sandbox phase is slated for mid‑2026, with formal laws expected by late 2027 .

This modernization is supported by the National Blockchain Strategy 2024–2030, which encourages blockchain innovation, local platforms, and integration into the digital economy .

Why this matters for Binance users:

• 🎯 A legal, transparent environment for crypto trading in Vietnam

• 🔐 Greater protection via AML/KYC and regulated platforms

• 🚀 Broader institutional & retail participation ahead

Vietnam’s move signals a responsible—but ambitious—embrace of crypto. It paves the way for safer, regulated access to digital assets, aligned with global standards. #VietnamCryptoPolicy #BinanceSquare #CryptoRegulation