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 = Used for exchange/investment

• 💾 Cryptographic assets = Encrypted ownership/verification tools

❌ Except for fiat currencies, securities, and traditional financial instruments.

🛡️ Regulatory Focus:

• 🔐 Cybersecurity

• 💸 Anti-money laundering/Counter-terrorism financing (Financial Action Task Force standards)

📉 Aiming to lift Vietnam from the Financial Action Task Force's gray list (listed since 2023).

📚 Background:

🧱 Years of preparatory work (since 2017)

📝 The Prime Minister made diligent efforts in 2025 to complete the Ministry of Finance and the State Bank of Vietnam.

🗺️ Part of the National Blockchain Strategy 2024-2030: Testing environments, public sector tools, and leading the Association of Southeast Asian Nations.

📈 Adoption and Goals:

🌍 Among the top 5 companies globally in the use of cryptocurrencies.