#VietnamCryptoPolicy Vietnam's New Law on Digital Technology Industry

On June 14, the National Assembly of Vietnam approved a new law regulating digital assets, set to take effect on January 1, 2026.

Key Points:

• The law recognizes crypto assets and aims to support digital innovation.

• It classifies digital assets into virtual assets and crypto assets, excluding securities and digital fiat currencies.

• The government must define business conditions and oversight mechanisms for these assets.

• Cybersecurity and Anti-Money Laundering measures are required, aligning with international standards to address FATF concerns.

Conclusion:

This legislation marks a significant step in regulating digital technology and assets in Vietnam.