#VietnamCryptoPolicy $BTC

Vietnam is marking a milestone in crypto regulation. Starting from January 1, 2026, a new law will recognize cryptocurrencies, requiring cybersecurity and anti-money laundering measures. This makes Vietnam the first country with a specific law for the digital technology industry.

Key Points of the New Policy:

* Legal Recognition: Cryptocurrencies will be legalized under the Digital Technology Industry Law.

* Not Prohibited, Now Defined: Although they were not prohibited, the new law will define them and establish a clear legal framework, without being legal tender.

* Regulatory Approach: Since 2017, Vietnam has been actively working on this framework.

* Testing Mechanism (Sandbox): The Ministry of Finance (MOF) is developing a testing environment to assess AML/KYC protocols and experiment with crypto asset trading platforms, seeking security and transparency.

Vietnam's stance is progressive and could serve as a model for other nations.