#VietnamCryptoPolicy

Vietnam is at a crucial phase regarding crypto regulation. Although the trading and holding of cryptocurrencies like BTC or ETH are not officially prohibited, the country still does not recognize crypto assets as legal currency. However, the government has shown signs of openness: legal frameworks are being developed to oversee exchanges and prevent financial crimes, while the potential for a CBDC (central bank digital currency) is being evaluated. With a young and digitally active population, Vietnam is a market with great potential, but investors need to stay alert to ongoing regulatory changes.