#VietnamCryptoPolicy

What’s happening in Vietnam?

Vietnam has officially decided to recognize and regulate cryptocurrencies and digital assets. This is a big change for the country, which previously banned crypto payments and had no clear legal framework for digital assets.

📜 What did the government do?

In June 2025, Vietnam passed a new Digital Technology Industry Law that:

Defines and legally recognizes digital assets like Bitcoin and Ethereum.

Separates crypto assets from money, securities, or government-issued currencies — meaning you can own them, trade them, and invest in them, but you still can’t use them as payment.

Sets up a full legal and regulatory framework that will go into effect on January 1, 2026.

🔐 What protections are being added?

Vietnam is also introducing rules to:

Prevent money laundering and terrorism financing (a key requirement from global watchdogs like FATF).

Ensure companies handling crypto follow cybersecurity and transparency standards.

🚀 What’s the goal?

Vietnam wants to:

Attract innovation in blockchain, AI, Web3, and semiconductors.

Offer tax breaks and subsidies to tech startups.

Launch “sandbox” programs where crypto companies can test-run exchanges and services legally in cities like Ho Chi Minh and Da Nang.