#VietnamCryptoPolicy The National Assembly of Vietnam has passed the Law on Digital Technology Industry on June 14, bringing digital assets under management and supervision.

According to local media reports, this law will take effect from January 1, 2026, recognizing cryptocurrency assets and laying the groundwork for broader digital innovation across the country.

The law classifies digital assets into two categories: virtual assets and cryptocurrency assets. Although both rely on encryption or digital technology for validation and transfer, neither category includes securities, digital fiat currency, or other financial instruments.

The government is currently tasked with outlining specific business conditions, classifications, and supervisory mechanisms for these types of assets.

This law also requires cybersecurity and anti-money laundering measures in accordance with international standards, an effort that may aim to address concerns of the Financial Action Task Force (FATF). Vietnam has been on the FATF's "gray list" since 2023.

In addition to cryptocurrency, this law reflects the ambition to become Vietnam's digital technology hub.

It offers comprehensive incentives for businesses operating in the fields of AI, semiconductors, and digital infrastructure. This includes tax reductions, land use benefits, and R&D support, especially for companies developing core technologies such as chip design and AI data centers.