#VietnamCryptoPolicy
🇻🇳 Vietnam Legalizes Crypto: A New Digital Era Begins
On June 14, 2025, Vietnam’s National Assembly passed the Law on Digital Technology Industry, officially legalizing crypto assets and setting the stage for comprehensive regulation starting January 1, 2026.
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🔑 Key Highlights:
Two-tier classification:
Virtual assets (e.g., in-game tokens, loyalty points)
Crypto assets (e.g., Bitcoin, Ethereum)
(Stablecoins, securities, and CBDCs are excluded)
AML & Compliance Focus:
Aligns with FATF standards
Introduces KYC, cybersecurity, and counter-terrorism finance rules
Aimed at lifting Vietnam from the FATF “gray list”
Broader Tech Vision:
Incentives for AI, semiconductors, and digital infrastructure
Includes R&D funding, tax breaks, and workforce development
Regulatory Timeline:
Now: Law passed
Mid–2025: Licensing & compliance rules drafted
Jan 1, 2026: Full enforcement begins
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Why This Matters:
Brings clarity to a market with over 17 million crypto users
Paves the way for licensed exchanges, safer retail access, and institutional interest
Vietnam is positioning itself alongside hubs like Singapore and the UAE
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Vietnam’s move is bold but balanced—embracing innovation while putting strong safeguards in place. A major milestone for the Southeast Asian crypto landscape. 🌏🚀
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