Vietnam has announced plans to implement a 0.1% tax on cryptocurrency trades, a move that positions digital assets similarly to stocks within its tax framework. This decision comes amidst growing interest in digital currencies in Vietnam and aligns with the government’s ongoing efforts to integrate cryptocurrencies into the formal economy as taxable assets. The regulation is part of Vietnam’s broader strategy to ensure market stability and align with global standards in digital asset management.
Vietnam plans 0.1% tax on crypto trades, equating them to stocks
