#VietnamCryptoPolicy VietnamCryptoPolicy

Vietnam maintains a cautious but evolving stance on cryptocurrency. As of now, cryptocurrencies like Bitcoin are not recognized as legal tender in Vietnam. While owning and trading digital assets is not explicitly banned, using them as a means of payment is illegal under current laws.

The State Bank of Vietnam (SBV) has consistently warned against crypto use due to concerns over fraud, money laundering, and market volatility. However, in recent