#Vietnamcryptocurrencylaws #VietnamCryptoPolicy

Vietnam’s National Assembly approved the Law on Digital Technology Industry on June 14, 2025, marking the country’s first comprehensive regulation of digital and crypto assets .

Key points:

Legal Recognition: The law distinguishes between virtual assets (e.g. loyalty tokens, gaming items) and crypto assets (like Bitcoin and Ethereum, based on encryption) .

Regulatory Framework: It establishes licensing rules for exchanges, anti-money laundering protocols, cybersecurity standards, consumer protection measures, and tax guidelines .

Incentives & Innovation: Offers subsidies, tax breaks, land-use benefits, and R&D support aiming to boost AI, semiconductor, and blockchain industries .

FATF Compliance: Designed to help Vietnam exit the Financial Action Task Force’s grey list by aligning with international AML standards .

Effective Date: The law comes into effect on January 1, 2026 .