#VietnamCryptoPolicy
Vietnam has taken significant steps in cryptocurrency regulation by enacting the Law on Digital Technology Industry on June 14, 2025. This historic legislation, which will come into effect on January 1, 2026, officially recognizes digital assets, classifying them as "virtual assets" and "crypto assets." This move removes Vietnam from the "gray zone" of regulation, providing much-needed clarity for businesses and investors.
This law empowers the government to establish detailed guidelines, including licensing requirements, AML/KYC protocols, and consumer protection measures. While cryptocurrency remains prohibited as a method of payment, this new framework aims to promote a regulated industry, attract investment, and align with international standards.