$BTC VietnamCryptoPolicy #VietnamCryptoPolicy Although **Vietnam** is at the top of the list of countries adopting cryptocurrencies (with **20.27%** of the population according to Chainalysis 2023), legislative policies remain in a "gray area"! đž
**Major developments:**
â The government is working on a **virtual assets bill** (led by the Ministry of Justice) aimed at regulating trading and investment, with an emphasis on combating money laundering.
â **No legal recognition** of cryptocurrencies as a means of payment, with recommendations from the central bank not to use them.
đ **The irony:** Despite warnings, the number of digital wallet holders has doubled (exceeding **5.1 million**) thanks to advanced technological infrastructure and a young culture open to innovation!
**Central question:** Can this contradiction between reality and regulation stimulate a balanced legislative framework that supports the digital economy? đ€
#Vietnam #Cryptocurrencies #Fintech #Digital_Laws #Economy
