#VietmCryptoPolicy Adoption & Legal Recognition

On June 14, 2025, the National Assembly formally passed the law, officially classifying digital assets into two categories—virtual assets and crypto assets—while explicitly excluding them from being considered fiat currency or securities .

Effective Date

The law takes effect January 1, 2026, giving businesses and regulators a six-month window to prepare .

Regulatory Framework & Oversight

It grants authorities power to define licensing, enforce anti‑money‑laundering (AML) and cybersecurity standards, and set up state-controlled licensing for exchanges and custodial services .

Innovation Boost

The law promotes blockchain startups, AI and semiconductor sectors via incentives like tax breaks, land-use subsidies, R&D support, and even sandbox pilot programs for crypto experiments .

Grey List Remedy

By aligning with FATF guidelines on AML and terrorism-financing, Vietnam is positioning itself to exit the FATF "grey list" .

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📅 Timeline Overview

Date Event

October 2024 National Blockchain Strategy 2024–2030 launched

December 2024 Directive issued to draft crypto regulations

March 2025 Pilot crypto exchange launched

June 14, 2025 Law passed

January 1, 2026 Law goes into effect