#VietnamCryptoPolicy Vietnam Approves New Law to Regulate Cryptocurrencies.

Vietnam has taken a historic step towards the integration of cryptocurrencies with the approval of the Digital Technology Industry Law, which will come into effect on January 1, 2026. This legislation provides a clear legal status for Bitcoin and other digital assets, establishing a regulatory framework that includes licenses, taxes, and strict measures against money laundering (AML) and know your customer (KYC). Although it does not recognize Bitcoin as legal tender, the law encourages innovation in blockchain and related technologies, with incentives for startups and attracting foreign capital. This change aims to align Vietnam with international standards, addressing concerns from the FATF, which has kept the country on its "grey list" since 2023. The measure has generated optimism in the market, with expectations of an increase in cryptocurrency adoption and the development of a robust technological ecosystem in Vietnam.