$BTC #Vietnam Cryptocurrency Policy

Vietnam's cryptocurrency policy is becoming increasingly strict. Starting in 2024, the Vietnamese government explicitly prohibits the use of cryptocurrency as a means of payment and has strengthened the regulation of illegal transactions. The central bank warns the public to be vigilant about the risks of cryptocurrency, emphasizing that it is not legally protected. Although blockchain technology is encouraged, all cryptocurrency transactions must comply with anti-money laundering regulations. Enterprises involved in cryptocurrency business must obtain permission. Vietnam is seeking to balance innovation and financial stability, and investors need to closely monitor policy changes to avoid legal risks.