Vietnam has passed its first law regulating crypto assets, effective January 1, 2026. The legislation categorizes digital assets into “virtual assets” and “crypto assets” with distinct regulations. It establishes a framework for licensing exchanges, wallet providers, and AML/CFT compliance, aiming to improve Vietnam’s FATF standing and attract investment. While not adopting crypto as legal tender, the law positions Vietnam as a Southeast Asian Web3 leader. This follows Vietnam’s top-five ranking in global crypto adoption and aims to retain talent amid regional competition. 

source: CryptoNinjas

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