📢#VietnamCryptoPolicy THIS IS GREAT NEWS😁

☑️Vietnam has taken a significant step towards the legalization of cryptocurrencies with the approval of the Digital Technology Industry Law.

☑️This law, which will come into effect on January 1, 2026, recognizes crypto assets and establishes a regulatory framework for their oversight.

👉*Key aspects of the law:*

🔸- *Definition of digital assets*: The law classifies digital assets into two categories: virtual assets and crypto assets, both based on encryption technologies for their validation and transfer.

🔸- *Regulation and oversight*: The Vietnamese government will be tasked with defining specific business conditions, classifications, and oversight mechanisms for these assets.

🔸- *Cybersecurity measures and anti-money laundering*: The law requires cybersecurity measures and anti-money laundering efforts in line with international standards.

🔸- *Incentives for the tech industry*: The law also introduces incentives for companies working in artificial intelligence, semiconductors, and digital infrastructure, such as tax exemptions and benefits in land use.

📌With this measure, Vietnam becomes the first country to enact a specific law dedicated to the digital technology industry. The law reflects Vietnam's ambition to position itself as a global digital technology hub.