On June 14, 2025, the National Assembly of Vietnam passed the 'Digital Technology Industry Law', which for the first time incorporates cryptocurrency assets into the national legal framework, clearly categorizing and regulating them. The following are the core contents of this policy:

Classification and Definition

Digital assets are divided into two categories: virtual assets and cryptocurrency assets, both of which rely on cryptography or digital technology for verification and transfer, but explicitly exclude financial instruments such as securities and digital fiat currencies.

Regulatory authorities need to further develop specific business conditions, classification standards, and supervision mechanisms.

Effective Date and Objectives

The law will take effect on January 1, 2026, aiming to improve the legal system, align with international standards, and help Vietnam exit the FATF (Financial Action Task Force) gray list.

The Vietnamese government claims this move makes it the first country in the world to establish independent laws for the digital technology industry.

Supporting Measures

In addition to regulating cryptocurrency assets, the law also provides tax incentives, land use benefits, and R&D support for businesses in fields such as artificial intelligence, semiconductors, and digital infrastructure.

It emphasizes requirements for cybersecurity, anti-money laundering (AML), and counter-terrorism financing (CFT).

This law marks Vietnam's systematic support for digital technology while balancing innovation and risk control through categorized regulation.