#VietnamCryptoPolicy
🇻🇳 Vietnam officially legalizes digital currencies! 🚀
Important news from Vietnam for the crypto community! Finally, after a long wait, Vietnam has legalized crypto assets under a new digital technology law that was passed on June 14, 2025, and will come into effect on January 1, 2026.
Here are the key points you need to know:
* Official recognition: The new law categorizes digital assets as "virtual assets" and "crypto assets," representing an important legal recognition of them.
* Regulatory framework: The Vietnamese government is preparing to establish specific operational rules and strict oversight mechanisms, focusing on cybersecurity and anti-money laundering.
* Supporting innovation: The law is not limited to cryptocurrencies only; it also provides strong incentives for companies in the fields of artificial intelligence, semiconductor manufacturing, and digital infrastructure.
* Ongoing fraud prevention: Authorities continue their efforts to combat major fraud schemes in the crypto space, aiming to protect investors and enhance trust in the market.
* Significant evolution: After the use of cryptocurrencies as a means of payment was prohibited, this law represents a major shift towards a clearer and more transparent regulatory environment for crypto assets in Vietnam.
Vietnam is steadily moving towards embracing digital innovation and regulating the crypto asset market. Stay tuned for more developments!