#VietnamCryptoPolicy
๐ป๐ณ Vietnam Legalizes Crypto! (June 14, 2025)
๐ The National Assembly just passed the Law on the Digital Technology Industryโofficially legalizing crypto starting Jan 1, 2026!
๐ Asset Breakdown:
โข ๐ช Virtual Assets = exchange/investment use
โข ๐พ Crypto Assets = encrypted ownership/validation tools
โ Excludes fiat-tokens, securities & traditional finance instruments.
๐ก๏ธ Regulatory Focus:
โข ๐ Cybersecurity
โข ๐ธ Anti-Money Laundering / Counter-Terrorist Financing (FATF standards)
๐ Aims to lift ๐ป๐ณ off the FATF gray list (on since 2023).
๐ Background:
๐งฑ Years of groundwork (since 2017)
๐ PM pushed hard in 2025 for MOF & SBV to finalize it
๐บ๏ธ Part of the National Blockchain Strategy 2024โ2030: sandboxes, public-sector tools & ASEAN leadership.
๐ Adoption & Goals:
๐ Top 5 in global crypto use
๐ธ Real use cases: remittance, inclusion, rewards, speculation
๐ฆ Goal: User protection + tax revenue + attract institutions
๐ Why Itโs Big:
โข Ends legal ambiguity
โข Moves Vietnam closer to ๐ global standards
โข Pushes ๐ป๐ณ toward being a regional crypto powerhouse!
