#VietnamCryptoPolicy Vietnam’s National Assembly approved the Digital Technology Industry Law on June 14, 2025, marking a historic shift by recognizing and officially regulating crypto and digital assets. Effective January 1, 2026, it categorizes digital assets into “virtual assets” and “crypto assets” (e.g., Bitcoin, Ethereum) and explicitly excludes securities, fiat tokens, stablecoins, and CBDCs. The law mandates licensing frameworks for exchanges, wallets, and token issuers, along with AML/KYC and cybersecurity safeguards to align with FATF standards—crucial to its plan to exit the FATF gray list. It also introduces tax incentives, subsidies, and regulatory sandboxes to foster blockchain startups, Web3 infrastructure, and high‑tech sectors. Overall, Vietnam aims to become a regional Web3 hub with clear legal pathways and institutional support.