#VietnamCryptoPolicy

The cryptocurrency policy in Vietnam is in the process of being finalized, with a trend towards tighter regulation while still being open to technological innovation. The government has not recognized cryptocurrency as a legal means of payment, but still allows for the research and testing of blockchain. Individual investors need to be cautious as there is no clear legal framework for protection. However, movements from the Ministry of Finance and the State Bank indicate that Vietnam is moving towards a more transparent legal framework, creating conditions for the sustainable and safer development of the digital currency market in the future.