#VietnamCryptoPolicy Vietnam has made significant strides in shaping its cryptocurrency policy. The country's National Assembly recently passed a landmark law, the "Law on Digital Technology Industry," which establishes a clear regulatory framework for crypto assets ¹ ² ³. This legislation is set to take effect on January 1, 2026.

*Key Provisions:*

- *Recognition of Crypto Assets*: The law formally recognizes crypto assets and divides them into two categories: virtual assets and crypto assets ¹.

- *Regulatory Oversight*: The government will have the authority to define asset classifications, set business conditions, and oversee operations ¹.

- *Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF)*: The law mandates strict AML and CTF standards to protect the integrity of the ecosystem ¹ ².

- *Incentives for Innovation*: The legislation introduces policies to support the growth of AI, semiconductors, and digital infrastructure, including tax breaks and research and development support ³.

*Implications:*

- *Boost to Crypto Adoption*: The new law is expected to increase confidence in crypto assets and attract more investment to Vietnam ¹.

- *Improved Regulatory Environment*: The legislation aims to create a safer environment for investors and encourage the responsible growth of blockchain-based businesses ⁴.

- *Global Competitiveness*: Vietnam's move to regulate crypto assets positions the country as a regional leader in digital technology and innovation ³.