#VietnamCryptoPolicy

Vietnam has made history by passing the "Law on Digital Technology Industry", becoming the first country to enact standalone crypto legislation . Effective January 2026, the law classifies digital assets into "virtual assets" (non-financial tokens) and "crypto assets" (blockchain-based, like Bitcoin/ETH), excluding securities and CBDCs .

Key highlights:

- "Regulation": Strict AML/CFT compliance to address FATF’s gray-listing .

- "Incentives": Tax breaks for AI, semiconductors, and blockchain firms .

- "Fraud Crackdown": Targets scams like the $400M MTC exchange fraud .

With 17M crypto users and $105B in inflows , Vietnam aims to be a regional blockchain hub.