Vietnam’s crypto market value topped US$220 billion, placing the country third in the Asia-Pacific (APAC) region.

Vietnam ranks third globally in the number of cryptocurrency holders, data from the Crypto Crunch App indicates that 26 million people in the country own cryptocurrencies, five times the number with stock trading accounts.

VOV.VN - The country ranks second in the world in terms of the ratio of its population that owns cryptocurrency, according to data collected by cryptocurrency payment company Triple-A.

Vietnam was the third largest cryptocurrency gainer in the world in 2023, only after the US and UK, with nearly US$1.2 billion, according to US blockchain analysis firm Chainalysis.

VOV.VN - Vietnam ranked first in the global cryptocurrency adoption index, according to the 2021 Global Crypto Adoption Index compiled by blockchain data platform Chainalysis.