#VietnamCryptoPolicy Digital Technology Industry Law (Approved June 14, 2025; effective Jan 1 2026)

Legal recognition: Classifies “digital assets” into virtual assets (e.g., loyalty tokens, game credits) and crypto assets (e.g., Bitcoin, Ethereum)—both now have a clear legal identity .

Regulatory framework: The law mandates that the government will define licensing, classification, cybersecurity standards, and anti‑money laundering (AML) rules to align with international norms .

Exclusions: It explicitly excludes traditional securities, stablecoins pegged to fiat, and CBDCs from its scope .

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🎯 Objectives Behind the Law

FATF compliance: Aims to address criminal-financing concerns and help Vietnam exit the FATF “grey list” .

Boost digital economy: Offers tax subsidies, land-use incentives, and R&D support for blockchain, AI, semiconductors, and digital infrastructure .

Consumer protections: Implements cybersecurity safeguards, AML/CFT protocols, and investor-education frameworks .$WCT $BNB