#VietnamCryptoPolicy Vietnam's crypto policy has been gaining clarity, with significant developments in recent years. Here are some key points ¹ ²:

- *National Blockchain Strategy*: In October 2024, Vietnam's Ministry of Information and Communications announced a national blockchain strategy, focusing on legal frameworks, infrastructure development, and international cooperation. The strategy aims to boost innovation, build a thriving ecosystem, and establish the country as a regional leader in blockchain technology.

- *Digital Asset Recognition*: Vietnam has officially recognized digital assets, classifying them into two categories: virtual assets and crypto assets. Virtual assets are defined as digital assets used for exchange or investment, while crypto assets rely on encryption technology to validate transactions and ownership.

- *Regulatory Framework*: The government plans to develop a regulatory framework for digital assets, specifying criteria for management and detailing business conditions. The framework will also focus on ensuring cybersecurity and preventing money laundering, counter-terrorism financing, and other illegal activities.

- *Crypto Adoption*: Vietnam has been a leader in crypto adoption, ranking fifth globally in 2024 and topping the list for two consecutive years in 2021 and 2022. The country's crypto industry is expected to continue growing, with the government working to establish a clear and supportive regulatory environment.

- *Legislative Developments*: Vietnam's new Law on Digital Technology Industry, approved on June 14, 2025, will take effect on January 1, 2026, and provide further clarity on digital assets and their regulation.

Overall, Vietnam's crypto policy is evolving to support the growth of the industry while ensuring regulatory compliance and consumer protection.