#MetaplanetBTCPurchase Vietnam has recently made significant strides in cryptocurrency regulation. Here's what's happening:

*Key Developments:*

- *Legalization of Crypto*: Vietnam's National Assembly approved the Law on Digital Technology Industry on June 14, 2025, which legalizes crypto assets and brings them under regulatory oversight.

- *Regulatory Framework*: The law classifies digital assets into two categories: virtual assets and crypto assets, with the government responsible for classification, management criteria, and business conditions.

- *Anti-Money Laundering Measures*: The legislation includes cybersecurity and anti-money laundering safeguards aligned with international norms to address concerns raised by the Financial Action Task Force (FATF), which has had Vietnam on its gray list since 2023.

- *Crypto Adoption*: Vietnam ranked fifth globally in cryptocurrency adoption in 2024, according to Chainalysis, and has been a leader in crypto adoption in previous years.