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The Government of Vietnam will classify Cryptocurrency Assets for management

On the morning of January 6, 2025, the National Assembly Standing Committee held a meeting to discuss the draft Law on Digital Technology Industry.

Virtual assets are described as "a type of digital asset that can be traded or transferred, used for payment or investment purposes."

However, virtual assets do not include "securities, digital fiat currency, and other financial assets" according to legal regulations.

Cryptocurrency assets are "digital assets created, issued, stored, transferred, and validated using blockchain technology, distributed ledger technology, or similar digital technologies."