#VietnamCryptoPolicy ¿Does legalization boost Vietnam as a crypto hub? 📈
Vietnam legalizes crypto with the Digital Technology Law (Jan 1, 2026), launching a sandbox in 2026 and a state exchange, per Cointelegraph.
With 17M holders, is it the new Asia hub? (MarketRebound) 🚀
🔍 ContextDigital Technology Law: Recognizes crypto assets, requires KYC/AML (FATF), and provides tax incentives for blockchain, per Tilleke & Gibbins.
Effect: Jan 1, 2026.
Sandbox: Will pilot exchanges (Bybit collaborates) until 2027, per Tiger Research. $100B local market, 5th in global adoption (Chainalysis).
Policy: Resolution 57 (2024) and 03 (2025) promote blockchain, per ASL Law.
📈 ImpactMarket: BTC ($107K) and altcoins rise 3% in Asia (MetaplanetBTCPurchase), per Yahoo Finance.
DeFi TVL ($150B) grows, per DefiLlama.
Investment: State exchange attracts institutions (NasdaqETFUpdate), per CoinDesk.
Sentiment:
@CoinBureauES: “Vietnam = Singapore 2.0”. @JSeyff: “Beware of fines”.