$BTC Vietnam has taken a monumental step in crypto regulation with the passage of the "Law on Digital Technology Industry" on June 14, 2025, effective January 1, 2026. This landmark legislation officially recognizes cryptocurrencies as "crypto assets" and "virtual assets," moving them out of a long-standing legal grey area.

The new law introduces a regulatory framework, requiring licensing for exchanges, implementing AML/CFT safeguards, and establishing tax rules. It differentiates between crypto assets (e.g., Bitcoin, Ethereum) and virtual assets (e.g., in-game tokens). This proactive approach aims to foster innovation, attract investment, and align Vietnam with international financial standards, while also addressing its presence on the FATF grey list.