#VietnamCryptoPolicy The cryptocurrency policy in Vietnam is transitioning from an unregulated state to a more stringent management approach. Since 2018, the State Bank has prohibited the use of cryptocurrencies as a means of payment, but personal ownership and trading remain a gray area. By 2025, the government will pass a new legal framework to recognize digital assets and cryptocurrencies, expected to be implemented by the end of the year with a testing sandbox. The Ministry of Finance and the State Bank are developing regulations on AML/KYC, taxation (0.1% per transaction), and domestic exchanges. This change reflects efforts to balance innovation and financial stability.