#VietnamCryptoPolicy Vietnam establishes a unique crypto regulation: new law from 2026...

Vietnam has passed a law that officially recognizes cryptocurrency, dividing digital assets into virtual (game items, bonus points) and crypto assets (Bitcoin, Ethereum). The law does not cover securities and CBDCs, clearly delineating cryptocurrency from the traditional financial system.

Interesting facts:

- Blockchain startups will receive tax incentives, and the government plans to create special tech parks for the crypto industry.

- Vietnam will not recognize NFTs as financial assets, as their legal nature remains undefined.

- The level of cryptocurrency penetration in Vietnam is one of the highest in the world — about 21% of the population owns digital assets.

- Pi Network dominates in Vietnam, controlling 53% of all nodes, which may affect its decentralization.

- A significant push for legislative changes came from the FATF situation — previously, Vietnam was on the "gray list" due to weak anti-money laundering measures.

New rules could make Vietnam a key player in Asia's crypto industry, attracting investments and fostering technological progress.

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