#VietnamCryptoPolicy Vietnam's cryptocurrency policy has evolved significantly with the new digital technology law approved on June 14, 2025. Key developments include:
1. *Legal Status*: Cryptocurrencies are recognized, categorized into virtual assets and crypto assets.
2. *Regulatory Framework*: Government to outline business conditions, classifications, and oversight mechanisms.
3. *Taxation*: Potential taxation on digital asset transactions.
Vietnam has high crypto adoption rates, with 17% of the population owning or using cryptocurrencies, driven by accessibility, investment, and remittances. The government is taking steps to regulate the sector, including AML measures and KYC requirements.