#VietnamCryptoPolicy Vietnam has made significant strides in cryptocurrency regulation with the passage of the Law on Digital Technology Industry on June 14, 2025. This law grants full legal recognition to crypto assets and establishes a clear regulatory framework, set to take effect on January 1, 2026.

*Key Aspects of the Law:*

- *Classification of Digital Assets*: The law categorizes digital assets into two main types:

- *Virtual Assets*: Digital assets used for exchange or investment.

- *Crypto Assets*: Digital assets that rely on encryption technology to validate transactions and ownership, such as Bitcoin and Ethereum.

- *Regulatory Framework*: The law empowers the Vietnamese government to develop detailed implementation guidelines, including licensing requirements, compliance protocols, consumer protection measures, and robust Anti-Money Laundering (AML) standards.