- Vietnam suppresses encryption under a new law, as of January 1, 2026.
- Law excludes CBDCS and Securities to protect traditional financial systems.
- New rules impose compliance with AML, CFT and Cyberssecography for corporate security.
In a historical step, Vietnam officially entered the era of organized digital financing. On June 14, 2025, the National Assembly Pass Digital Technology Industry Law. This new law officially recognizes and regulates digital assets for the first time. This law will enter into force on January 1, 2026, as a big step towards digital transformation in Vietnam.
The new digital assets law excludes securities and CBDCS
The new legislation determines two types of Digital assets In the form of those virtual and encryption. Virtual assets are those assets that aim to exchange or invest them, however they are not securities, cbdcs (digital central bank currencies), nor FIAT money. On the contrary, encryption assets are based on encryption and encryption technique in verifying their health, which accompany transactions to confirm ownership.
It is worth noting that the two types of assets caught the attention of the law. This legislation does not include cash tools such as securities and the CBDC agreement, so regulating digital assets will not affect the traditional financial system. This step aims to provide clarity and avoid confusion in the overlapping areas.
Moreover, the legislation gives the government the right to develop additional regulations as well. This will require classification of business, management and asset classification. This flexibility in law will allow Vietnam to make changes with technology change.
The same legislation comes in the background of the direction issued by Prime Minister Fam Minh Cennah Earlier in March 2025. I command The Ministry of Finance and the State Bank, Vietnam, to reach laws on the digital assets that must be taken before the end of the month. The move came at the same time, when the cryptocurrency was gaining economic importance all over the world.
It also focuses on security as well as compliance with the law. It requires strict anti -money laundering monitoring (AML), anti -terrorist financing (CFT), and cybersecurity requirements. These measures are equivalent to international best practices and aim to make Vietnam a step closer to international standards.
A new law provides tax incentives and investment for technology companies
Nowadays, Vietnam is on the FATF GRAY menu due to its AML system. By organizing the new encryption, the nation expresses its desire to enhance its international profile and leave the FATF list in the long run.
But the law does more than just regulating digital financing. It also provides a strong trend for the digital economy in Vietnam. The Ministry of Science and Technology has developed the law, which enhances digital innovation, helps startups, and reward companies to invest in new technologies and skills.
In particular, legislation is considered in measures such as training programs, tax incentives, investment incentives for companies operating in basic industries such as software, semi -conductors, AI and data centers. Local governments are directed to encourage talent development by benefits and training programs.
Besides, the law also indicates the strategic importance of semiconductors. Vietnam describes the creation of the entire semiconductor chain (design, testing, packing and global integration). The head of the Science, Technology and Environment Committee, Le Koyang Hui, said that this law will lead Vietnam to become an important interest in the global supply chain of chips.
In conclusion, this law is not just an organizational teacher. It is an ambitious step towards creating a strong economy based on innovation in Vietnam. Vietnam paves the way for a flexible and competitive digital future by completing well -defined encryption regulations with aggressive initiatives to push technology.
Source: https://www.livebitcoinnews.com