Vietnam Passes Law Recognizing and Regulating Crypto Assets - Crypto Head
This move brings for the first time in Vietnam.
To meet international compliance standards, especially those of the , the law introduces stronger and measures.
These changes aim to help Vietnam exit the , where it has been since 2023.
Beyond crypto, the legislation reflects Vietnam’s ambition to become a .
It offers like tax breaks, land-use benefits, and R&D support for , , and .
Local governments will support through training programs and subsidies, while will be embedded into .
The Vietnamese government called the move historic, stating Vietnam is the to enact a standalone law specifically dedicated to the digital technology industry.
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