#VietnamCryptoPolicy

Vietnam has made a significant move in the crypto space by passing the "Law on Digital Technology Industry," which recognizes and regulates crypto assets for the first time. This law, effective January 1, 2026, categorizes digital assets into two main types: virtual assets and crypto assets, excluding fiat currencies and securities.

*Key Highlights of Vietnam's Crypto Policy:*

- *Clear Regulations*: The law establishes a structured legal environment for digital assets, enabling the growth of the emerging industry.

- *Anti-Money Laundering (AML) and Cybersecurity*: The law mandates crypto firms to comply with AML, Counter-Terrorism Financing (CFT), and cybersecurity standards.

- *Classification System*: Vietnam introduces a two-tier classification system for digital assets, providing clarity on crypto asset definitions.

- *Incentives for Startups*: The law offers tax breaks, subsidies, special visas, and other incentives to support domestic startups and retain local talent.

- *Global Alignment*: The law aligns crypto regulation with international norms, meeting FATF guidelines and enhancing Vietnam's standing with global financial watchdogs ¹ ² ³.

This move signals Vietnam's ambition to become a global economy player and attract investment in emerging technologies. #VietnamCryptoPolicy