#VietnamCryptoPolicy

Vietnam has passed a landmark Digital Technology Industry Law, officially recognizing and regulating digital and crypto assets for the first time. The law, approved on June 14, 2025, and effective from January 1, 2026, classifies digital assets into two categories: virtual assets (like gaming tokens and loyalty points) and crypto assets (such as Bitcoin and Ethereum), explicitly excluding securities, fiat-backed stablecoins, and CBDCs. It establishes a regulatory framework including licensing for exchanges, anti-money laundering (AML) measures, cybersecurity standards, and consumer protection aligned with international norms. The law also offers incentives like tax breaks and subsidies to foster blockchain innovation and digital infrastructure development. This move aims to improve Vietnam’s standing with the Financial Action Task Force and position the country as a leading digital technology hub in Southeast Asia