#VietnamCryptoPolicy Vietnam has taken a monumental step in regulating its burgeoning crypto market. The National Assembly officially passed the "Law on Digital Technology Industry" on June 14, 2025, which legalizes and recognizes cryptocurrencies as property. This landmark legislation, set to take effect on January 1, 2026, aims to provide much-needed clarity and a formal legal framework for digital assets, ending years of regulatory ambiguity.

The new policy categorizes digital assets into "virtual assets" and "crypto assets," establishing distinct regulatory requirements. It mandates robust cybersecurity measures and strict anti-money laundering (AML) protocols, aligning Vietnam with international standards. This move is crucial for Vietnam to address concerns from the Financial Action Task Force (FATF) and potentially exit its grey list, fostering greater trust and attracting foreign investment.

Beyond regulation, the law introduces significant incentives, including tax breaks, subsidies, and special visas for startups and talent in the digital economy, specifically targeting AI, blockchain, and chipmaking. This proactive approach underscores Vietnam's ambition to become a leading digital technology hub in Southeast Asia, balancing innovation with a secure and compliant crypto ecosystem.