🇻🇳 Vietnam passes law officially recognizing crypto assets.

Vietnam has made a significant move in the crypto space by passing the "Law on Digital Technology Industry," which recognizes and regulates crypto assets for the first time. This law, approved on June 14, 2025, will take effect on January 1, 2026, and aims to provide clarity to the digital ecosystem while aligning with international anti-money laundering standards.

The law differentiates between virtual assets (like gaming tokens) and crypto assets (blockchain-based tokens using encryption technology).

The government will establish business conditions, oversight mechanisms, and robust cybersecurity measures to prevent financial crimes.

The law promotes growth in areas like artificial intelligence, semiconductors, and digital infrastructure, offering tax breaks, land benefits, and research support.

Expanded programs will focus on building a future-ready workforce with digital literacy and skills.

Clear definitions and compliance standards will reduce fraud and enhance investor protection.

Vietnam's proactive approach may attract domestic and international investment, positioning the country as a regional hub for technological innovation.

The law aims to address Vietnam's placement on the Financial Action Task Force gray list since 2023, demonstrating its commitment to financial transparency and integrity.#VietnamCryptoPolicy $BTC