#VietnamCryptoPolicy
Vietnam Declares Crypto Legal with New Tech Law
Vietnam has passed a landmark Digital Technology Industry Law on June 14, 2025, set to take effect on January 1, 2026 .
📌 Key Points:
Officially recognizes and categorizes “virtual assets” (e.g. tokens, loyalty points) and “crypto assets” (like Bitcoin, Ethereum) .
Sets clear licensing, AML/KYC compliance, and cybersecurity rules aligned with global standards .
Excludes stablecoins, securities, and CBDCs from this definition .
🌱 **Why It Matters:**
Vietnam removes the "grey‑zone" confusion, paving the way for regulated crypto exchanges and services .
Introduces incentives like tax breaks, R&D subsidies, and sandbox programs for blockchain startups .
Aims to address FATF concerns and escape the grey list .
🚀 Bottom Line:
With a formal crypto framework and growth incentives, Vietnam is positioning itself as a major Web3 hub in Southeast Asia. Legal clarity ahead signals a new era for both domestic and foreign crypto investors.