cryptocurrency transactions

08:19 - 30/01/2026

cryptocurrency transactions

Currently, Vietnam does not have a comprehensive legal framework governing cryptocurrency transactions, including activities involving the investment, purchase, sale, or holding of digital assets.
As a result, all cryptocurrency-related transactions carry significant legal risks, especially since digital currencies are not recognized as lawful means of payment and there is no mechanism in place to protect investors.

In addition, the cryptocurrency market is highly volatile, with liquidity entirely dependent on exchanges and market behavior, creating substantial risks of devaluation or the inability to withdraw funds.

Capital contributions made in the form of digital assets can typically only be implemented through civil agreements, relying mainly on voluntary commitments between the parties without any comprehensive protective mechanism, thereby increasing the likelihood of disputes and financial loss.

Therefore, investors should exercise extreme caution, thoroughly assess potential risks, and limit participation in cryptocurrency transactions until a clear and protective legal framework is established.

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