#VietnamCryptoPolicy Vietnam has made significant strides in cryptocurrency regulation with the passage of the Law on Digital Technology Industry on June 14, 2025. This landmark legislation grants full legal recognition to crypto assets and establishes a clear regulatory framework, effective January 1, 2026. Here are the key aspects:
Digital Asset Classification: The law categorizes digital assets into two types:
Virtual Assets: Digital assets used for exchange or investment, excluding securities and financial instruments.
Crypto Assets: Digital assets relying on encryption technology for transaction validation and ownership, such as Bitcoin and Ethereum.
Regulatory Framework: The government will develop guidelines for:
- Licensing requirements
- Compliance protocols
- Consumer protection measures
- Anti-Money Laundering (AML) standards aligned with international best practices
Incentives for Technology: The law offers incentives for enterprises working in:
Artificial Intelligence (AI): Tax breaks, land-use benefits, and R&D support.
Semiconductors: Tax breaks, land-use benefits, and R&D support, particularly for chip design companies.
Digital Infrastructure: Support for development and innovation.
Education and Workforce Development*: Investments in digital education and workforce training, with national curricula reforms to integrate digital technology skills.
