#VietnamCryptoPolicy

In summary, Vietnam has taken significant steps towards regulating digital currencies.

* Legislation and Definition: On June 14, 2025, the Vietnamese National Assembly passed a new law on information and communication technology, which legalizes digital currencies and classifies them as digital assets (virtual assets and encrypted assets). This law will come into effect on January 1, 2026.

* Regulatory Framework: The law aims to provide regulatory clarity, with a focus on cybersecurity, anti-money laundering (AML), and combating the financing of terrorism (CFT).

* Not a Means of Payment: Although legalized as assets, cryptocurrencies remain illegal as a means of payment for goods and services in Vietnam.

* Future Prospects: Vietnam aims to become a hub for innovation in digital technology, including artificial intelligence, semiconductors, and blockchain, and these policies are intended to attract investment and enhance trust in the digital sector.