#VietnamCryptoPolicy The country has become a leader in the adoption of cryptocurrencies, with high trading volumes and strong interest in digital assets.
Key aspects of Vietnam's crypto policy include:
- *Legalization of cryptocurrency*: Vietnam officially recognized cryptocurrency as a legitimate class of assets through the Digital Technology Industry Law, adopted on June 14, 2025. This law establishes a regulatory framework for digital assets, providing clarity and legitimacy to the industry.
- *Classification of digital assets*: The law classifies digital assets into two types: virtual assets and crypto assets. Virtual assets are non-financial digital instruments used for exchange or investment, while crypto assets are encrypted digital units that use blockchain technology to confirm ownership and process transactions.
- *Regulatory framework*: The government is responsible for defining specific business conditions, classifications, and oversight mechanisms for digital asset activities. The law also requires ensuring cybersecurity and protection against money laundering (AML), in accordance with international standards.¹ ²
