BTC $66,326.00 (-1.16%)
ETH $1,919.41 (-2.74%)
XRP $1.39 (-4.21%)
BNB $598.83 (-2.82%)
SOL $80.40 (-2.18%)
TRX $0.28 (+0.99%)
DOGE $0.10 (-2.90%)
BCH $552.97 (-1.77%)
ADA $0.27 (-3.85%)
LEO $8.69 (+1.95%)
HYPE $28.37 (-1.55%)
XMR $329.00 (-2.33%)
LINK $8.42 (-3.29%)
CC $0.16 (-7.11%)
XLM $0.16 (-3.61%)
RAIN $0.01 (-1.34%)
ZEC $258.63 (-6.77%)
HBAR $0.10 (-3.91%)
LTC $51.93 (-3.81%)
AVAX $8.80 (-2.42%)

Morocco vs Vietnam

Crypto regulation comparison

← Back to map | Morocco | Vietnam
Morocco

Morocco

Vietnam

Vietnam

Restricted
Legal

Morocco's central bank (Bank Al-Maghrib) banned cryptocurrency transactions in 2017, making it illegal for financial institutions to process crypto payments. Despite the ban, Morocco has one of the highest crypto adoption rates in Africa. The government has been exploring a potential regulatory framework, with Bank Al-Maghrib reportedly studying a CBDC and reconsidering its crypto stance.

Vietnam passed the Law on Digital Technology Industry in June 2025 (effective January 2026), officially recognizing crypto as legal virtual assets. However, the SBV still bans crypto as a payment method. The law requires AML/cybersecurity compliance for all crypto activities. Vietnam consistently ranks among the top globally in crypto adoption. Ministry of Finance to issue detailed guidance before 2026.

Tax Type None
Tax Type Income
Tax Rate N/A
Tax Rate Up to 25% (corporate); individual unclear
Exchanges No No
Exchanges No No
Mining Yes Yes
Mining Yes Yes
Regulator BAM (Bank Al-Maghrib), AMMC
Regulator SBV (State Bank of Vietnam), MOF (Ministry of Finance), MIC (Ministry of Information)
Stablecoin Rules No regulation; crypto transactions banned by central bank
Stablecoin Rules Crypto recognized as virtual assets under Law on Digital Technology Industry; payment use still banned
Key Points
  • Bank Al-Maghrib banned crypto transactions for financial institutions in 2017
  • Crypto ownership is technically in a legal gray area; trading happens via P2P
  • Morocco ranks among the top crypto adopters in Africa despite the ban
  • Government exploring regulatory framework and potential CBDC
  • No crypto taxation framework exists due to the ban
Key Points
  • Law on Digital Technology Industry (June 2025) recognizes crypto as legal virtual assets
  • SBV still bans crypto as payment method; not recognized as legal tender
  • Vietnam ranks #1 globally in crypto adoption (Chainalysis 2023 index)
  • AML and cybersecurity compliance required for all crypto trading activities
  • Ministry of Finance to issue detailed crypto regulatory guidance before January 2026
Sources
Sources