#VietnamCryptoPolicy Updating information The National Assembly of Vietnam approved the Digital Technology Industry Law on June 14, bringing digital assets under regulatory supervision.

The legislation, which will take effect on January 1, 2026, recognizes cryptocurrency assets and lays the groundwork for broader digital innovation across the country, according to local media reports.

The law classifies digital assets into two categories: virtual assets and cryptocurrency assets. While both rely on encryption or digital technologies for validation and transfer, neither includes securities, digital fiat currencies, or other financial instruments.

The government now has the task of outlining specific business conditions, classifications, and oversight mechanisms for these types of assets.

The law also requires cybersecurity and anti-money laundering safeguards aligned with international standards, an effort that is likely aimed at addressing the concerns of the Financial Action Task Force (FATF). Vietnam has been on the FATF's "grey list" since 2023.$BTC