#VietnamCryptoPolicy Vietnam has made a landmark shift in its crypto policy, officially legalizing crypto assets under the new Law on Digital Technology Industry, effective January 1, 2026. This two-tiered system classifies "Crypto Assets" (like Bitcoin) under stricter regulations and "Virtual Assets" (non-financial tokens) with lighter obligations, excluding securities, stablecoins, and CBDCs.

This move addresses FATF concerns, prioritizes consumer protection after fraud incidents, and aims to position Vietnam as a regional digital hub, offering incentives for blockchain and AI innovation. While use as payment remains prohibited by the State Bank, this legalization acknowledges high crypto adoption and promises clearer regulations on taxation and DeFi in the coming months. This policy marks a significant step in Vietnam's digital economy journey.