#VietnamCryptoPolicy
Vietnam has just enacted a landmark Digital Technology Industry Law, officially pulling crypto out of its regulatory “grey zone” and setting in motion sweeping reforms that reshape the landscape for digital assets and blockchain innovation. Here's the breakdown:
---
🗓 What Just Happened
On June 14, 2025, Vietnam’s National Assembly passed the Digital Technology Industry Law, which will take effect on January 1, 2026 .
This is Vietnam’s first standalone legislation focused solely on digital technologies, including blockchain, AI, semiconductors, and critically, crypto .
---
📁 Key Provisions on Crypto
Introduces a two-tier classification of digital assets:
Virtual assets: non-financial tokens like loyalty points or gaming tokens
Crypto assets: encryption-based tokens such as Bitcoin, Ethereum, and potentially NFTs
These assets are explicitly excluded from being treated as securities, fiat, stablecoins, or CBDCs .
---
🔐 Regulation & Compliance
Sets the groundwork for exchange licensing, capital requirements, AML/KYC rules, and cybersecurity safeguards .
Aims to meet FATF standards, targeting removal from the FATF “grey list” that Vietnam has been on since 2023 .
---
💡 Incentives & Tech Push
Tax breaks, state subsidies, visa perks, and land or R&D support for blockchain startups, AI, and semiconductors .
Includes training initiatives and workforce development to scale Vietnam’s digital economy .
---
🌍 Economic Implications
Regulatory clarity unlocks opportunities for institutional investment and international exchanges .
Aligns with Southeast Asia’s growth trends—Vietnam ranks #5 globally in crypto adoption, with over 17 million users and an estimated $100 billion in holdings .
