#VietnamCryptoPolicy Vietnam has taken a groundbreaking step in crypto policy with the approval of its **Law on Digital Technology Industry** on June 14, 2025. This landmark legislation, effective January 1, 2026, officially recognizes digital assets, classifying them into "virtual assets" and "crypto assets."

Crucially, the new law explicitly differentiates these from traditional securities, fiat-backed stablecoins, and CBDCs, providing much-needed clarity. While not a comprehensive regulatory framework yet, it lays the groundwork for future detailed regulations on licensing, compliance, consumer protection, and AML/CFT measures. This move signifies Vietnam's commitment to creating a legitimate and secure digital asset ecosystem, aiming to attract institutional investment and align with international standards, potentially helping to address its FATF grey list status.