#VietnamCryptoPolicy Today in crypto, Vietnam has brought digital assets under regulatory oversight, crypto market sentiment remains strong amid the ongoing Israel-Iran conflict, and Bitcoin ETFs record five days of inflows despite geopolitical tensions.
Vietnam legalizes crypto under new digital technology law
The National Assembly of Vietnam approved the Law on Digital Technology Industry on June 14, bringing digital assets under regulatory oversight.
The legislation, set to take effect on Jan. 1, 2026, recognizes crypto assets and lays the groundwork for broader digital innovation across the country, according to reports from local media outlets.
The law classifies digital assets into two categories, including virtual assets and crypto assets. While both rely on encryption or digital technologies for validation and transfer, neither includes securities, digital fiat currencies, or other financial instruments.
The government is now tasked with outlining specific business conditions, classifications, and oversight mechanisms for these asset types.
The law also mandates cybersecurity and Anti-Money Laundering safeguards aligned with international norms, an effort likely aimed at addressing the Financial Action Task Force’s (FATF) concerns. Vietnam has been on the FATF “gray list” since 2023.
Crypto Fear & Greed Index stays in greed territory amid Israel-Iran conflict
The Crypto Fear & Greed Index, which tracks overall crypto market sentiment, has remained in the “greed” zone despite rising geopolitical tensions after Israel launched a series of airstrikes on Iran.
The Index posted a score of 60 in its Sunday update, maintaining its position in the greed territory despite Bitcoin falling 2.8% to $103,000 on Friday. This followed explosions reportedly heard in Tehran at 22:50 UTC on Thursday, which Israel claimed responsibility for. Iran reportedly retaliated with “dozens of ballistic missiles” on Friday night.
On Thursday, the Index was holding a Greed score of 71.
Bitcoin’s price decline came as it was edging closer to
