#VietnamCryptoPolicy

🇻🇳 Vietnam Legalizes Cryptocurrencies! (June 14, 2025)

📜 The National Assembly recently passed the Digital Technology Industry Law, officially legalizing cryptocurrencies starting January 1, 2026!

🔐 Asset Details:

• 🪙 Virtual Assets = used for exchange/investment

• 💾 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 lift 🇻🇳 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 global cryptocurrency usage

💸 Real use cases: remittances, inclusion, rewards, speculation

🏦 Goal: user protection + tax revenues + attracting institutions

🚀 Project Importance:

• Ending legal ambiguity

• Bringing Vietnam closer to global standards

• Propelling Vietnam towards becoming a regional power