Vietnam's Policy Discussion on Digital Currencies
On June 14, 2025, the Vietnamese National Assembly passed a comprehensive law called the “Digital Technology Industry Law,” which will come into effect on January 1, 2026. The law provides for the recognition of digital assets and classifies them into “virtual assets” and “encrypted assets,” establishing a stringent regulatory framework that includes licensing, capital requirements, anti-money laundering procedures, and cybersecurity. It also offers incentives for startups in the blockchain and semiconductor sectors. The goal: to exit the FATF grey list and enhance Vietnam's position as a regional technology hub in Southeast Asia