#VietnamCryptoPolicy

Vietnam has taken a significant step in regulating its burgeoning crypto market with the recent passage of the Law on Digital Technology Industry. This landmark legislation, effective January 1, 2026, officially recognizes digital assets and aims to bring clarity to an industry previously operating in a "grey zone."

The new law differentiates between "virtual assets" (e.g., in-game tokens) and "crypto assets" (e.g., Bitcoin, Ethereum), subjecting the latter to stricter regulations including licensing for exchanges, capital requirements, and robust Anti-Money Laundering (AML) safeguards. This move positions Vietnam to become a major regulated crypto hub in Southeast Asia, attracting foreign investment and fostering digital innovation, particularly in areas like AI and semiconductors. The clear legal framework also addresses concerns from bodies like the FATF, aiming to improve Vietnam's international compliance standing.