#VietnamCryptoPolicy
On June 14, 2025, the Vietnamese National Assembly approved the "Digital Technology Industry" law, which is a historic step in regulating digital assets, including cryptocurrencies, effective from January 1, 2026. The law classifies digital assets into two categories: "virtual assets" used for trading and investment, and "crypto assets" based on encryption technologies for verification and ownership, excluding financial instruments and government-backed digital currencies.
The law requires authorities to draft clear regulatory guidelines that include licensing requirements, while enhancing anti-money laundering, counter-terrorism financing, and cybercrime controls, in accordance with the Financial Action Task Force (FATF) standards, as Vietnam has been on the grey list since 2023.
Additionally, the law paves the way to encourage technological innovation through tax incentives and support for artificial intelligence projects, semiconductor design, and building data centers, within Vietnam's vision to become a regional digital hub. This transformation reflects an accelerating trend toward integrating the digital economy within a comprehensive legal framework, which could enhance the country's appeal to both local and international investors
