#VietnamCryptoPolicy
Vietnam's crypto policy has been evolving, with the government taking steps to regulate the industry. Key developments include¹ ²:
- *Regulatory Framework*: A comprehensive legal framework for cryptocurrency regulation is expected to be developed by 2025, addressing ownership, AML measures, taxation policies, and licensing requirements.
- *Crypto Legality*: Owning and trading cryptocurrency is not illegal, but using it as a payment method for goods and services is prohibited.
- *New Law*: Vietnam passed a law on June 14, 2025, recognizing crypto assets and outlining incentives for AI, semiconductors, and digital infrastructure, effective January 1, 2026.
- *Taxation*: Taxation of cryptocurrency is still ambiguous, but the government plans to introduce clearer guidelines.
- *Anti-Money Laundering*: Vietnam has implemented AML regulations, requiring exchanges to collect and verify identities, report suspicious transactions, and keep detailed records.