#VietnamCryptoPolicy

Below is a summary of Vietnam's policy towards digital currencies:

Vietnam has issued a historic law regulating digital currencies and digital assets, categorizing them into two classes: cryptocurrencies (such as Bitcoin) and virtual assets. The new law, which will come into effect in 2026, aims to create a clear legal framework, enhance cybersecurity, and combat money laundering. Vietnam ranks second globally in the percentage of digital currency holders (21.2% of the population), with an estimated annual inflow of $120 billion. It is also considering launching a government digital currency (CBDC) to boost the digital economy.