#VietnamCryptoPolicy Vietnam has made significant strides in cryptocurrency regulation with the passage of its Digital Tech Industry Law, effective January 1, 2026. This law recognizes digital assets for the first time, marking a major shift in the country's approach to crypto regulation. Key aspects of the law include¹ ²:

- *Licensing Requirements*: Cryptocurrency exchanges must obtain licenses to ensure transparency and accountability.

- *Anti-Money Laundering (AML) and Know Your Customer (KYC)*: Stricter requirements to prevent cryptocurrency misuse for funding illicit activities.

- *Taxation*: Clear rules for taxing income and profits derived from cryptocurrency trading and investment.

- *Investor Protection*: Measures to protect investors from fraudulent activities and ensure compliance with international financial standards.

This move is expected to remove Vietnam from the Financial Action Task Force's gray list, boost investor confidence, and foster innovation in the country's crypto space.