#VietnamCryptoPolicy

Vietnam has made significant strides towards technological development by passing a law that recognizes digital assets as legal. The country's National Assembly approved the 'Digital Technology Industry Law', which will take effect on January 1, 2026. This decision underscores Vietnam's ambitions to become a leader in digital technology and to exit the FATF's 'grey list'.

According to the new regulation, digital assets are divided into virtual assets and crypto assets based on encryption technology. The law places the responsibility on the government to classify and regulate these assets, providing mechanisms for combating money laundering and financing terrorism. This is a step that aligns with international standards and FATF recommendations.

According to the new regulation, digital assets are divided into virtual assets and crypto assets based on encryption technology. The law places the responsibility on the government to classify and regulate these assets, providing mechanisms for combating money laundering and financing terrorism. This is a step that aligns with international standards and FATF recommendations.