#VietnamCryptoPolicy Vietnam 🇻🇳 passed its **Digital Technology Industry Law** on **June 14, 2025**, formally legalizing crypto assets and establishing the country’s first digital‑asset framework, effective **January 1, 2026** ([coindesk.com][1]). It clearly distinguishes **“virtual assets”** (like loyalty or gaming tokens) from **“crypto assets”** (e.g., Bitcoin, Ethereum), excluding securities and fiat‑pegged tokens ([ainvest.com][2]). The law introduces incentives—tax breaks, subsidies, sandbox programs—for blockchain startups ([coindesk.com][1]), while banks remain barred from crypto operations ([cointelegraph.com][3]). This radical shift aims to align with FATF standards, protect consumers, curb fraud, and spur innovation in Vietnam’s sizable crypto‑holding population ([cryptorank.io][4]).

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* [coindesk.com](https://www.coindesk.com/policy/2025/06/16/vietnam-passes-landmark-law-recognizing-crypto-assets?utm_source=chatgpt.com)

* [cointelegraph.com](https://cointelegraph.com/news/vietnam-legalizes-crypto-sets-digital-tech-ambitions?utm_source=chatgpt.com)

* [cryptorank.io](https://cryptorank.io/news/feed/d803b-vietnam-legalized-crypto-heres-what-the-law-says?utm_source=chatgpt.com)

[1]: https://www.coindesk.com/policy/2025/06/16/vietnam-passes-landmark-law-recognizing-crypto-assets?utm_source=chatgpt.com "Vietnam Passes Landmark Law Recognizing Crypto Assets"

[2]: https://www.ainvest.com/news/vietnam-legalizes-crypto-assets-2026-deadline-2506/?utm_source=chatgpt.com "Vietnam Legalizes Crypto Assets Ahead of 2026 Deadline - AInvest"

[3]: https://cointelegraph.com/learn/articles/cryptocurrency-regulations-in-vietnam?utm_source=chatgpt.com "An overview of cryptocurrency regulations in Vietnam - Cointelegraph"

[4]: https://cryptorank.io/news/feed/d803b-vietnam-legalized-crypto-heres-what-the-law-says?utm_source=chatgpt.com "Vietnam Just Legalized Crypto — Here's What the New Law Actually ..."