#VietnamCryptoPolicy
The National Assembly of Vietnam has approved the Digital Technology Industry Law, which legalizes and regulates crypto assets.
This law, effective January 1, 2026, categorizes digital assets into two groups: * virtual assets and crypto assets.*
Beyond cryptocurrency regulation, the law also promotes the development of digital infrastructure, including artificial intelligence, semiconductors, and technological innovations.
It offers tax breaks and other incentives for technology companies.
Vietnam aims to become a global player in the digital economy and attract investment in new technologies.
Cryptocurrency firms will gain legal status, making it easier for them to access banking services and investments.
Key Impacts:
* Increased Transparency: Clear classification of digital assets will help companies better plan their operations.
* Tax Obligations: Firms will need to meet new tax requirements, which may increase their costs.
* Fraud Protection: The regulation includes anti-money laundering measures, which will boost investor confidence.
* Support for Technological Innovation: The government seeks to attract investments in blockchain and digital finance.