#VietnamCryptoPolicy Vietnam currently treats cryptocurrencies as non-legal tender, banning their use for payments while allowing trading and ownership under an unclear legal regime . Since 2024, the government has shifted toward formal regulation, launching a Blockchain Strategy 2024–2030 and directing the Ministry of Finance and central bank to draft a digital assets framework by mid‑2025 . In early 2025, officials introduced a crypto sandbox pilot, with plans for a licensed trial exchange by mid‑2026 . Tax policy is still under discussion, including potential transaction or capital gains taxes . Vietnam is evolving from a regulatory grey zone toward controlled, compliant crypto markets.