Vietnam’s National Assembly has just passed a groundbreaking law—the Law on Digital Technology Industry—on June 14, 2025, officially recognizing digital assets, including cryptocurrencies. The law will take effect on January 1, 2026 and is a major milestone in crypto regulation techinasia.com+8cointelegraph.com+8ainvest.com+8.
📌 Key Highlights
Legal recognition: Digital assets are now formally categorized into two legal classes:
Virtual assets — tokens used for exchange or investment
Crypto assets — encrypted digital tokens validated via blockchain
Both categories are distinctly not classified as securities, fiat currencies, or other regulated financial instruments watcher.guru+2coindesk.com+2bitdegree.org+2ainvest.com+9decrypt.co+9vir.com.vn+9ainvest.comcointelegraph.com+2vir.com.vn+2beincrypto.com+2.
Comprehensive regulatory framework: The law grants authorities the power to define licensing, operation rules, AML (anti-money laundering) protocols, and cybersecurity standards in line with international best practices .
Robust incentives for digital tech: Firms involved in crypto, blockchain, AI, and semiconductor sectors can access:
Tax breaks and subsidies
Land-use and infrastructure support
R&D funding and training programs
These are part of Vietnam’s strategic push to become a regional digital tech hub bitdegree.org+2ccn.com+2cointelegraph.com+2cryptotimes.io+3bitdegree.org+3cointelegraph.com+3coincentral.com+6decrypt.co+6cointelegraph.com+6.
AML/CTF compliance: A key aim is to meet FATF (Financial Action Task Force) standards—possibly paving the way for Vietnam to exit the FATF gray list by modernizing its anti-money laundering frameworks ccn.com.
🌍 Why this matters
Vietnam joins the ranks of forward-leaning nations developing standalone crypto and tech laws, distinct from traditional financial regulations. Unlike many countries that regulate crypto via existing banking and securities frameworks, Vietnam's approach is unique—it’s one of the first dedicated digital tech industry laws globally .
✅ What’s next?
CategoryWhat to watchBusiness & InvestmentsLicensing terms for exchanges and service providers; opportunities for institutional investors ainvest.com+8finance.yahoo.com+8coingape.com+8Legal InfrastructureDetailed regulation drafts expected later in 2025, covering AML, licensing, tech standardsMarket & InnovationSurge in startups and foreign-owned crypto firms attracted by preferential tax and land-use policies
Overall, this marks a transformational shift—Vietnam is clearly positioning itself as a regional powerhouse in crypto and digital innovation, with clear legal groundwork to back it up.
