Vietnam Crypto Tax Guide 2024

Vietnam has been ranked no. 1 two times in a row in Chainalysis’s Global Crypto Adoption Index, and there are good reasons for it. According to a report by Statista, over 69% of the Vietnamese population does not have access to traditional financial services like banking. Moreover, Vietnam is one of the biggest beneficiaries of remittance payments, receiving over $13.5 billion in 2022 alone. With more than 60% of the Vietnamese population residing in rural areas without access to a bank account, Bitcoin and other cryptocurrencies offer a great alternative.