#VietnamCryptoPolicy
As of June 17, 2025, Vietnam is shaping its crypto policy with a new Digital Technology Law, set to take effect in January 2026. This law recognizes crypto assets as legal, distinct from virtual currencies, and introduces a regulatory sandbox for testing compliance and AML measures. The government aims to balance innovation with financial stability, offering tax breaks for blockchain startups and aligning with FATF standards to exit the gray list. Ownership is permitted, but payment use remains banned. High adoption rates (20.69% penetration) fuel optimism, though details on taxation and licensing are pending. Stay updated on this evolving framework!