#VietnamCryptoPolicy
📣 Vietnam Enacts Landmark Crypto Law to Boost Innovation & Compliance 🇻🇳
On June 14, 2025, Vietnam’s National Assembly passed the Digital Technology Industry Law, officially recognizing digital and crypto assets for the first time. The legislation, which takes effect January 1, 2026, marks a major shift from earlier ambiguity and places Vietnam clearly on the global crypto map .
Key highlights:
Two‑tier classification: Assets are split into “virtual assets” (e.g. loyalty tokens, gaming credits) and “crypto assets” (blockchain‑based tokens like Bitcoin or Ethereum) .
Regulatory clarity: The law empowers regulators to define licensing standards, KYC/AML protocols, and cybersecurity safeguards aligned with Financial Action Task Force guidelines—part of efforts to exit the FATF grey list since 2023 .
Growth incentives: Aimed at nurturing blockchain, AI, and semiconductor industries, the law offers tax breaks, R&D grants, land‑use support, and training subsidies .
This policy ends Vietnam’s “crypto grey zone”, paving the way for licensed exchanges, institutional capital inflows, and a surge in innovation. With around 17 million crypto holders and over $100 billion in holdings, Vietnam is positioned to become a Southeast Asian digital-fintech hub .
📌 Takeaway: For stakeholders — from developers to investors — this milestone legislation offers much-needed legal clarity. The next steps involve drafting detailed regulations and preparing for the Jan 2026 rollout.
