#VietnamCryptoPolicy

#VietnamCryptoPolicy Vietnam has taken an important step towards regulating digital currencies, as the National Assembly approved a new law regarding the digital technology industry on June 14, 2025. This law legalizes crypto assets and classifies them into two categories: virtual assets and crypto assets. The law, which will come into effect on January 1, 2026, aims to provide a clear regulatory framework for digital currencies, thereby fostering growth in the digital sector and attracting foreign investment.

The legislation also aims to enhance cybersecurity and prevent money laundering, in line with international standards. This move reflects a shift in Vietnam's stance, which, despite its previous ban on digital currencies as a means of payment, is considered one of the leading countries globally in adopting cryptocurrencies.