#VietnamCryptoPolicy
🇻🇳 Vietnam regulates cryptocurrencies! (June 14, 2025)
📜 The National Assembly recently approved the Digital Technology Industry Law, officially legalizing cryptocurrencies starting January 1, 2026!
🔐 Asset details:
• 🪙 Virtual assets = for exchange/investment purposes
• 💾 Cryptographic assets = encrypted ownership/verification tools
❌ Excluding fiat currencies, securities, and traditional financial instruments.
🛡️ Regulatory focus:
• 🔐 Cybersecurity
• 💸 Anti-money laundering/Counter-terrorism financing (Financial Action Task Force standards)
📉 Aims to remove 🇻🇳 from the Financial Action Task Force's grey list (listed since 2023).
📚 Background:
🧱 Years of preparatory work (since 2017)
📝 The Prime Minister made diligent efforts in 2025 to finalize the Ministry of Finance and the State Bank of Vietnam.
🗺️ Part of the National Blockchain Strategy 2024-2030: testing environments, public sector tools, and regional leadership in ASEAN.
📈 Adoption and goals:
🌍 Among the top 5 companies in cryptocurrency usage globally
💸 Real use cases: remittances, inclusion, rewards, speculation
🏦 Goal: User protection + tax revenues + attracting institutions
🚀 Importance of the project:
• Ending legal ambiguity
• Bringing Vietnam closer to global standards
• Driving Vietnam towards becoming a regional power