#VietnamCryptoPolicy
Vietnam Passes Landmark Law Recognizing Crypto Assets
The law outlines a framework for managing digital assets and fostering blockchain innovation and will take effect on Jan. 1, 2026.
Vietnam passed a law officially recognizing digital and crypto assets, taking a decisive step toward regulating and promoting the cryptocurrency economy.
The Digital Technology Industry Law was passed on June 14 and takes effect Jan. 1, 2026. It outlines a broad framework for managing digital assets and fostering blockchain innovation, according to local media.
This legal recognition comes as Vietnam seeks to improve its stance in the rankings of the Financial Action Task Force, an international organization that sets standards to tackle money laundering and financing of terrorism. The country is designated on the FATF's grey list for insufficient anti-money laundering controls, particularly concerning virtual assets.