In a step considered the first of its kind worldwide, Vietnam approved on June 14, 2025, a new law named the Digital Technology Industry Law, which is set to come into effect at the beginning of the new year, specifically on January 1, 2026. This law represents an official recognition of digital currencies, as it classifies them into two main categories: virtual assets and encrypted assets, opening the door for clear and transparent regulation of this industry within the country. This step comes in the context of Vietnam's increasing interest in maintaining its position at the forefront of the world in terms of digital currency adoption rates, currently ranking fifth globally. Through this legislative framework, it aims to assert its presence and establish its position among the most advanced countries in modern financial technologies. The law also seeks to achieve several objectives, including enhancing user protection from risks associated with fraud and financial crimes, as well as strengthening anti-money laundering mechanisms, thus contributing to improving the country's image before international institutions and helping it exit the grey list of the Financial Action Task Force (FATF). Vietnam's ambitions are not limited to regulating digital currencies alone but also include stimulating other promising sectors.