#VietnamCryptoPolicy

Vietnam has taken a major leap in its digital evolution. On June 14, 2025, the National Assembly passed the Law on Digital Technology Industry, set to come into force on January 1, 2026, legalizing and regulating crypto assets for the first time .

Why this matters:

✅ Formal recognition of crypto: Introduces two categories—virtual assets (for exchange/investment) and crypto assets (encrypted tokens like Bitcoin/Ethereum), explicitly excluding fiat, securities, and CBDCs .

🛡️ International compliance: Embeds AML/CFT and cybersecurity rules to tackle illicit finance and address concerns from the FATF (Vietnam has been gray-listed since 2023) .

🚀 Tech sector push: Offers incentives—tax breaks, land-use perks, R&D support—for AI, semiconductors, blockchain, and digital infrastructure. Provincial and educational programs will also prioritize digital skills .

🛑 Combatting crypto scams: Empowers regulators to better police digital asset platforms and protect consumers after high-profile fraud cases like BitMiner and “Million Smiles” .

In short: Vietnam is transforming from a largely unregulated crypto landscape to a structured, globally-aligned digital ecosystem. The law confirms legitimacy for crypto players, safeguards investors, and firmly backs digital innovation.

This move not only boosts market clarity and institutional appeal—it marks Vietnam’s intent to become a rising digital-first power in Southeast Asia.

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