#VietnamCryptoPolicy Vietnam's crypto scene is heating up! The government is crafting a legal framework for digital assets, targeting completion by May 2025. Resolutions 57 and 03 (Dec 2024, Jan 2025) signal a shift toward regulated crypto trading, with a state-supervised exchange and sandbox by mid-2026. Despite banning crypto as legal tender, Vietnam ranks high in global adoption, with 21.2% of its population owning digital assets. The push aims to curb fraud (like a $100M scam in 2024) while fostering blockchain innovation. Taxes on crypto transactions could yield $800M annually. Stay tuned as Vietnam balances growth and investor safety.