#VietnamCryptoPolicy Vietnam is stepping into the crypto spotlight! ๐
โ Legal Recognition: The National Assembly approved the Law on Digital Technology Industry on June 14, 2025, classifying digital assets into virtual and crypto assets.
โ Pilot Exchange: A government-approved cryptocurrency exchange is set to launch in March 2025, aiming to enhance market transparency.
โ Regulatory Sandbox: The Ministry of Finance is developing a legal framework to regulate crypto assets, with a draft expected by March 2025.
๐ Market Growth: Vietnam ranks 5th globally in digital asset interest, with 17 million crypto holders and a market value exceeding $100 billion.
๐ Implementation: New regulations are set to take effect on January 1, 2026.