Legal Aspects of Cryptocurrency: Research in Vietnam

On June 15, 2021, in Decision 942/QD-TTg, the Government assigned the State Bank of Vietnam to be the leading unit to research and pilot virtual currency based on blockchain technology (from now on referred to as virtual currency. ). According to the general trend, this type is expected to bring many advantages to payment activities compared to legal paper money. Still, it will pose many challenges for each country's monetary policy. Through the article, the author group focuses on researching the legal aspects of virtual currency and virtual currency management in Vietnam, thereby providing recommendations and proposals to build and Complete the law on virtual currency management in Vietnam during the upcoming period.