Heard about Vietnam's latest move? The Ministry of Finance just dropped a draft circular slapping a 0.1% tax on every crypto transaction — even if you're selling at a loss. Yep, you read that right: red candles still cost you. Companies get hit with 20% corporate tax on net profits, but retail traders bear the blunt end.
Sure, 0.1% sounds trivial. But grind a few dozen trades a day and watch it bleed your edge dry. The upside? Vietnam's finally dragging crypto out of the gray zone. After a 2025 pilot forcing all trades into dong, we're now getting licensed exchanges (with $400M+ capital requirements — not for garage startups) and a clear legal backbone. Crypto's officially recognized as property, no VAT applied — they're treating it like a real financial instrument, not digital confetti.
Vietnam's consistently ranked among the top countries for crypto adoption. Now regulators want their cut while locking out fly-by-night operators. Risky? Absolutely. But unregulated markets breed chaos — and rules, however imperfect, create breathing room for real growth.
Question is: are you willing to pay 0.1% per trade for transparency and access to regulated platforms — or stay in the shadows and risk getting frozen out?