In a step considered a radical shift in its financial policies, Vietnam has approved the "Digital Technology Industry Law," which for the first time establishes a comprehensive legal framework for digital assets and cryptocurrencies, set to officially take effect in January 2026. This legislation classifies digital assets into two categories: cryptocurrency assets (such as Bitcoin) based on blockchain technologies, and **virtual assets** designated for trading and investment, with stablecoins and central bank digital currencies (CBDCs) being excluded.