Stephan Livera Podcast Vietnam’s Quiet Bitcoin Uprising with Albert Buu | SLP680
Aug 4, 2025
Albert Buu, founder and CEO of Neutron, is leading the charge for Bitcoin in Vietnam. He dives into the rapid evolution of Bitcoin and financial services in the country, noting the positive shift in regulations and the booming interest from the younger population. Buu reveals how Neutron's innovative offerings, like lending products and easy payment integrations, are reshaping the landscape. He also discusses the critical role of stablecoins and addresses the challenges posed by strict KYC regulations, all while painting an optimistic picture for Bitcoin’s future in Vietnam.
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Bitcoin Acceptance Via VND Conversion
- Vietnam's stance on Bitcoin has evolved from outright rejection to allowing payments via Bitcoin converted instantly to VND.
- This approach helped increase merchant adoption without violating currency settlement rules.
Vietnam's Crypto Legal Framework
- Vietnam passed a law recognizing crypto and blockchain assets for trading and payments starting January 2026.
- Until then, selected banks and institutions can participate in a regulatory sandbox to offer licensed services.
Bitcoin Usage Driven By Capital Controls
- Vietnam ranks among the top three countries globally in Bitcoin on-chain usage due to capital controls and export-driven economy.
- Businesses and investors use Bitcoin and stablecoins as alternatives to circumvent capital flight restrictions.