#VietnamCryptoPolicy Vietnam’s National Assembly passed the landmark Law on Digital Technology Industry on June 14, 2025, officially recognizing cryptocurrencies and digital assets. The law will take effect on January 1, 2026. It clearly differentiates between virtual assets—such as loyalty points and gaming tokens—and crypto assets, including Bitcoin and Ethereum. However, it excludes securities, fiat-backed stablecoins, and central bank digital currencies (CBDCs).

The legislation introduces stringent requirements for anti-money laundering (AML), cybersecurity, and licensing, aligning with FATF (Financial Action Task Force) standards. These measures aim to help Vietnam address its “gray list” status. Additionally, the law offers strategic incentives—such as tax breaks, land-use advantages, and R&D support—to attract blockchain, AI, and semiconductor companies, while also fostering local tech talent.

This forward-looking regulatory framework positions Vietnam as a rising hub for digital assets and technological innovation in Asia.