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#VietnamCryptoPolicy https://watcher.guru/news/vietnam-passes-law-officially-recognizing-crypto-assetsVietnam has recently made significant strides in cryptocurrency regulation. On June 14, 2025, the National Assembly passed the Law on Digital Technology Industry, which formally recognizes cryptocurrency and digital assets under a comprehensive legal framework. This law is set to take effect on January 1, 2026, and aims to foster blockchain innovation while ensuring regulatory oversight.[¹](https://watcher.guru/news/vietnam-passes-law-officially-recognizing-crypto-assets) [²](https://www.coindesk.com/policy/2025/06/16/vietnam-passes-landmark-law-recognizing-crypto-assets) *Key Aspects of Vietnam's Crypto Policy:* - *Recognition of Crypto Assets*: The law officially recognizes cryptocurrency and digital assets, providing a clear definition and framework for their management. - *Regulatory Oversight*: Cryptocurrency transactions will operate under clear regulatory oversight, with a focus on anti-money laundering standards and consumer protection. - *Tax Breaks and Incentives*: Digital assets companies will receive tax breaks and land-use incentives to promote growth and development. - *Workforce Training*: Local governments will implement workforce training for cryptocurrency and digital assets sectors. - *Cybersecurity Measures*: Digital assets operations must implement cybersecurity measures to prevent money laundering and ensure security. *Goals and Implications:* - *Digital Technology Center*: Vietnam aims to become a regional digital technology center, promoting innovation and growth in the sector. - *International Cooperation*: The law aligns with international standards, potentially removing Vietnam from FATF monitoring. - *Investor Protection*: The legislation strengthens consumer protection for cryptocurrency transactions, encouraging legitimate digital assets innovation.[³](https://www.cryptopolitan.com/vietnam-approves-digital-tech-law/)
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