Vietnam legalizes crypto under new digital technology law

On June 14, 2025, Vietnam’s National Assembly unanimously approved a new digital technology law, legalizing crypto assets for the first time. This law marks a significant move towards a structured regulatory framework, set to take effect on January 1, 2026.

The law distinguishes between virtual and crypto assets while excluding securities and digital fiat currencies. The government is tasked with defining oversight mechanisms and specific business conditions for these asset categories.

With a focus on digital innovation, Vietnam aims to emerge as a global technology hub by introducing incentives for sectors including AI and digital infrastructure, ensuring compliance with international standards in cybersecurity and anti-money laundering.

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