Vietnam is set to legalize cryptocurrency and implement stricter Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations by January 2026. This move aims to remove the country from the Financial Action Task Force's (FATF) gray list, which includes jurisdictions with strategic deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing. The new regulations are expected to enhance transparency and compliance in Vietnam's financial sector, aligning it with international standards.
Vietnam to Legalize Cryptocurrency and Tighten KYC/AML by 2026
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.