Vietnam’s Crypto Regulatory Landscape: A Look at 2025 Developments

Since 2017, Vietnam has embarked on a journey towards regulating cryptocurrency within a modern framework, and this effort continues to evolve as of 2025. While not outright banned, cryptocurrencies are neither legally recognized nor specifically protected as assets in the country. However, Vietnam’s government remains committed to crafting comprehensive regulations that will pave the way for responsible development within the cryptocurrency space.