#VietnamCryptoPolicy Vietnam Approves Law Recognizing Cryptocurrencies
On June 14, 2025, the National Assembly of Vietnam approved the Digital Technology Industry Law, a milestone in the adoption of cryptocurrencies that will take effect on January 1, 2026. This legislation recognizes digital assets, categorizing them into virtual assets and cryptocurrencies, excluding securities and digital fiat currencies. The law aims to promote digital innovation, positioning Vietnam as a tech hub in Asia, while establishing a legal framework to oversee the use and transfer of these assets.
The regulation demands strict cybersecurity and anti-money laundering (AML) measures, aligned with international standards, in response to Vietnam's inclusion in the FATF's "Grey List" in 2023. This implies increased scrutiny to ensure security and transparency in crypto operations.
The government now must define the permitted business activities and levels of oversight, with a regulatory "sandbox" for exchanges set to start in 2026.