#VietnamCryptoPolicy 🇻🇳 Vietnam’s crypto rules – Simple version

💱 Not legal money: You can’t use Bitcoin or other cryptocurrencies to pay for goods or services in Vietnam .

✅ You can buy, trade & hold: Owning and trading crypto is allowed through exchanges or peer-to-peer platforms .

🏛️ New laws coming soon: The government (Finance Ministry + State Bank) is writing rules for trading platforms and digital tokens. They aim to launch a “pilot exchange” and pass the framework by March–May 2025 .

🛡️ Why now? To protect investors, reduce fraud, bring more business into Vietnam, and start taxing crypto trading .

🚧 Sandbox testing: Before full rollout, they will test new rules in limited areas or exchanges first .