Vietnam has taken a significant leap in its #CryptoPolicy, passing a landmark Law on Digital Technology Industry on June 14, 2025. This legislation, effective January 1, 2026, officially recognizes cryptocurrencies as "crypto assets" and "virtual assets" under the law, moving them out of a previous regulatory "grey zone."
The new framework aims to establish clarity, implement anti-money laundering (AML) and cybersecurity safeguards, and align with international standards to help Vietnam exit the FATF's "grey list." It also introduces incentives like tax breaks and land access for digital technology firms, including those in AI and chipmaking, signaling a strategic push to become a digital economy leader.
While the law provides a foundational framework, specific decrees and guidelines for implementation are expected to be developed before the 2026 effective date, detailing licensing, compliance, and consumer protection measures.