Purpose – The purpose of the research is to assess the current state of cryptocurrency in Vietnam and to provide several solutions and recommendations to the Government, the State Bank of Vietnam (SBV) and other relevant agencies for monitoring, managing, and controlling cryptocurrency effectively and efficiently.
Research design, data and methodology - The study is based on the assessment and analysis of cryptocurrency in the world and the real situation of cryptocurrency in Vietnam in order to provide solutions to the controllable development of operation of this currency.
Results - The study indicates the current operations of cryptocurrency in Vietnam and provides several suggestions to effectively control this currency.
Conclusion - According to the study on current cryptocurrency and the situation of cryptocurrency in Vietnam, the author has proposed a number of solutions to provide suggestions to manage and develop the operations of cryptocurrency in a most practical manner. The governments of many countries in the world, including the Government of Vietnam, need more time as well as appropriate technology improvements to take advantage of these new digital currencies; therefore, they still need to ensure safety in compliance with the control and regulatory capabilities of the central government and central banks.

Abstract
1. Introduction
2. Distinguish the Concepts of ElectronicCurrency, Virtual Currency, andCryptocurrency
3. Cryptocurrency
    3.1. Blockchain and the Birth of Bitcoin
    3.2. Bitcoin Evolution
    3.3. The Current Cryptocurrency System
    4. Current Situation of Circulation, Use,and Management of Cryptocurrency inVietnam
4. Current Situation of Circulation, Use,and Management of Cryptocurrency inVietnam
5. Proposed Solutions to Manage DigitalCurrency in Vietnam
6. Conclusions
References

• Thu Thuy DANG(Vietnam Institute for Indian and Southwest Asian Studies & Vietnam Academy of Social Sciences (VASS))