Vietnam’s Ministry of Finance has proposed a 0.1% tax on cryptocurrency transactions as part of a new policy draft aimed at regulating digital asset trading, according to a report published by Vietnam News.
The proposal would apply to the transfer and trading of crypto assets, marking one of the clearest attempts so far by Vietnamese authorities to formally bring crypto activity into the tax framework. The ministry said the measure is intended to improve oversight, enhance transparency, and create a legal basis for monitoring a market that has grown rapidly despite limited regulation.
Under the proposal, the tax would be levied per transaction rather than on net gains, potentially affecting frequent traders more than long-term holders. The ministry acknowledged enforcement challenges, particularly given the cross-border and decentralized nature of crypto markets, but framed the tax as a first step toward broader regulatory clarity rather than a comprehensive regime.
Source: Vietnam News.
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