#VietnamCryptoPolicy Vietnam's cryptocurrency policy has evolved rapidly. Previously a legal "gray area" where it was illegal to use cryptocurrencies for payments, but not prohibited to own them, the country is moving towards comprehensive regulation.

On June 14, 2025, the National Assembly of Vietnam approved the Digital Technology Industry Law. This law, which will come into effect on January 1, 2026, formally legalizes cryptocurrencies as "virtual assets" and "crypto-assets." It establishes a clear legal framework for platform licensing, anti-money laundering measures, and tax regulations. This strategic move aims to attract investments and position Vietnam as a key digital technology hub in Southeast Asia, transforming its stance on digital assets.