#VietnamCryptoPolicy Vietnam has recently made a significant shift in its cryptocurrency policy by legalizing crypto assets through the Law on Digital Technology Industry, passed by the National Assembly on June 14, 2025. This landmark legislation is set to take effect on January 1, 2026.

Here are the key aspects of Vietnam's new crypto policy:

* Legal Recognition: The law officially grants legal recognition to "crypto assets" and "virtual assets."

* Two-Tier Classification:

* Crypto assets: Encompasses assets based on cryptographic and distributed ledger technologies like Bitcoin and Ethereum.

* Virtual assets: Typically refers to non-financial tokens, loyalty points, or gaming-related digital goods.

* Exclusions: It's important to note that this classification explicitly separates these categories from securities, fiat-backed stablecoins, and Central Bank Digital Currencies (CBDCs), which remain outside this legislative scope.