Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Enjoyed this article?
Share it with your friends!
Vietnam National Assembly has brought a new law that Brings digital assets to formal regulation and states a plan for the growth of its technological sectoraccording to a June 15. Local media report.
The Digital Technology Industry Act was Approved on June 14th and will enter into force on 1 January 2026.
According to the law, the digital assets will be divided into two groups, which include crypto property and virtual property. Both species use digital systems to confirm ownership and transmission, but do not include items such as a stock, digital currency Central Bank or other financial tools.
Did you know?
Want to be smarter and richer with cryptocurrencies?
Subscribe – every week we are posting new videos of Crypto explanator!
What is Uniswap? (Uni token explained with animation)
The Government will work on regulations to define how companies can file this property and what checks they need to fulfill.
A key part of the law focused on preventing financial crimes and improvement of cyber — safety. New rules will be introduced to ensure that companies follow global standards. These steps are considered key to removing Vietnam from the “gray list” of a financial action working group, where it has been since 2023. Due to concern about money laundering.
In addition to digital assets, the law Includes new support for companies working in artificial intelligence (AI), chips and online infrastructure. These companies will offer tax reduction, access to land and assist in research costs, especially if they focus on the construction of tools such as AI system or designing microchips.
Regional Government is expected to assist in the development of qualified workers offering job training programs and financing education in technological areas. At the national level of the school, they will begin to teach more digital skills in different age groups to meet future labor needs.
In the meantime, the US House of Representatives recently passed the Claus Act, a draft law intended to provide clearer rules for the KRIPTO industry. How did he make progress? Read the whole story.
After a master’s degree in economics, politics and culture of the East Asia region, Aaron wrote scientific papers by analyzing the differences between Western and collective forms of capitalism in the Era after World War II.
Considering the decade of experience in Fintech industry, Aaron understands all the biggest questions and struggles that cryptocurrency lovers face. He is an avid analyst who deals with the content based on data and facts, as well as the one who speaks to the web3 natives and the newcomer in the industry.
Aaron is a person for everyone and for all related to digital currencies. With a huge passion for Blockchain & Web3 education, Aaron tries to transform the space the way we know it and make it more affordable to complete beginners.
Aaron quoted more established outlets and was the author himself. Even during her free time, she enjoys exploring market trends and looking for the next Supernova.
