#VietnamCryptoPolicy Vietnam has taken a significant step in regulating its burgeoning crypto sector with the recent approval of the Law on Digital Technology Industry on June 14, 2025. This landmark legislation, effective January 1, 2026, officially recognizes cryptocurrencies as digital assets.

The law introduces a two-tiered classification: "virtual assets" and "crypto assets." Crucially, it distinguishes these from traditional securities or fiat-backed digital currencies. While the specific implementation guidelines are still being developed by the government, the law aims to establish a clear regulatory framework, including licensing, cybersecurity, and robust Anti-Money Laundering (AML) measures, aligning with international standards. This move signifies Vietnam's commitment to fostering a regulated digital economy and exiting the FATF grey list.