$BTC Vietnam’s Crypto Policy: Progress, But Gaps Remain! 🇻🇳⚠️
Vietnam’s crypto scene is buzzing, ranking 5th globally in adoption! 🚀 Yet, the new Digital Technology Industry Law, effective Jan 1, 2026, leaves much to be desired.
😕 While it legalizes digital assets and aligns with AML standards, it lacks clear definitions for “virtual” vs. “crypto” assets, creating confusion. 🤔 There’s no licensing system for exchanges or custody services, pushing firms to Singapore.