Vietnam

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Vietnam ranks 4th globally on Chainalysis's 2025 Global Crypto Adoption Index, with Vietnamese users transacting over $200 billion in digital assets in the 12 months through June 2025 — representing roughly 25% of GDP. In June 2025, the government legalized crypto assets under Resolution 05/2025 and launched a five-year regulated sandbox for licensed exchanges, becoming one of the first Southeast Asian nations to establish a formal crypto market framework.

Details

Since
2025
Status
legalized_sandbox
Notable
$200B+ annual transaction volume, ~17-20% adult crypto ownership
Legislation
Resolution 05/2025
Legal Status
legal (Resolution 05/2025)
Tax Treatment
under development via sandbox framework
Regulatory Body
State Bank of Vietnam
Capital Gains Tax
No
Bitcoin Etf Available
No
Chainalysis Rank 2025
4

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