The post Vietnam Legalizes Crypto, Launches Bold Tech Development Plan appeared on BitcoinEthereumNews.com.

Regulations Vietnam’s National Assembly approved a sweeping law to legalize digital assets. Set to take effect on January 1, 2026, the “Law on Digital Technology Industry” defines and regulates crypto assets for the first time. It introduces two asset classes: virtual assets and crypto assets. These do not include fiat currency, securities, or traditional financial instruments. Authorities will now classify and monitor digital asset activity, setting business rules and enforcing compliance. The law also mandates stronger measures to counter money laundering, terrorism financing, and cybersecurity threats. These changes aim to align Vietnam with international standards, possibly removing the country from the FATF gray list. Nation Targets AI, Semiconductors, and Tech Talent Vietnam’s strategy goes beyond crypto. Lawmakers have committed to fostering innovation in semiconductors, artificial intelligence, and digital infrastructure. The law incentivizes investment in chip manufacturing and software development with tax breaks and land-use benefits. To support this, local governments will fund training and recruitment in high-tech fields. Special programs will boost R&D and workforce development for AI and semiconductor industries. The goal is to strengthen Vietnam’s role in the global supply chain and attract top-tier foreign investment. Digital Shift Aims for Long-Term Global Competitiveness Officials see this transformation as a chance to lead in digital innovation. The government plans to back AI risk management policies and integrate digital skills into education systems nationwide. Vietnam’s new law marks a strategic pivot. Instead of trailing global tech trends, the country is positioning itself at the center of them. Author Kosta Gushterov Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational…

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Filed under: News - @ June 16, 2025 12:03 am