#VietnamCryptoPolicy

#VietnamCryptoPolicy: A Regulatory Milestone

Vietnam has legalized cryptocurrencies under its Digital Technology Industry Law, effective January 2026, classifying assets into virtual (e.g., gaming tokens) and crypto (e.g., Bitcoin, NFTs) categories while excluding securities and CBDCs 1 2. The law mandates AML/KYC compliance, aligns with FATF standards, and introduces tax breaks for blockchain/Al sectors to position Vietnam as a regional tech hub 4 8. Despite high adoption (17M users), scams like BitMiner prompted stricter cybersecurity rules 1 11. The move aims to attract institutional investment while curbing fraud in its booming crypto market.