#VietnamCryptoPolicy

Vietnam approved the Digital Technology Law, officially recognizing Bitcoin and other cryptocurrencies as digital assets.

This law, passed by the National Assembly, will come into effect on January 1, 2026.

The legislation distinguishes between virtual assets and crypto assets, but does not classify them as securities, digital currencies, or traditional financial assets. This development represents a step forward in the regulation of the growing cryptocurrency sector in the country.

While the law does not create a comprehensive regulatory framework, it is considered a fundamental step for future development.

It also aligns with international standards against money laundering, which may improve Vietnam's relationship with the Financial Action Task Force (FATF).

Additionally, the law emphasizes the integration of blockchain and artificial intelligence as part of Vietnam's strategy to advance its digital economy.