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Vietnam’s Decree 52: Defining E-Money, Enhancing International Payments, and Strengthening Financial Regulations

  • Decree 52 defines electronic money as a digital form of the Vietnamese Dong (VND).
  • Electronic money can be stored in e-wallets and prepaid cards, regulated by the State Bank of Vietnam (SBV).
  • Mobile money is excluded, with its sandbox period extended until the end of 2024.

Source: indochinecounsel.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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