#VietnamCryptoPolicy

Vietnam is rapidly defining its crypto policy in 2025, shifting from uncertainty toward structured regulation. The Ministry of Finance and State Bank are drafting a legal framework—due by May—with directives for pilot digital asset exchanges and sandbox programs to begin testing by mid‑2026 . Under new laws, trading platforms, custodial services, and token issuance by licensed entities will be regulated. Crypto remains illegal as a payment method, but trading and ownership are permissible . The National Blockchain Strategy (2024–30) supports innovation while AML and tax rules evolve, including potential transaction and capital gains taxes . This progressive stance balances investor protection, economic growth, and Vietnam’s high crypto adoption.