#VietnamCryptoPolicy Vietnam forms a unique crypto regulation: new law from 2026...
Vietnam has adopted a law that officially recognizes cryptocurrency, dividing digital assets into virtual (in-game items, bonus points) and crypto assets (Bitcoin, Ethereum). The law does not cover securities and CBDCs, clearly differentiating cryptocurrency from the traditional financial system.
Interesting facts:
- Blockchain startups will receive tax incentives, and the government plans to create special tech parks for the crypto industry.
- Vietnam will not recognize NFTs as financial assets, as their legal nature remains uncertain.
- The level of cryptocurrency penetration in Vietnam is one of the highest in the world — about 21% of the population owns digital assets.
- Pi Network dominates in Vietnam, controlling 53% of all nodes, which may affect its decentralization.
- A significant impetus for legislative changes came from the situation with the FATF — previously, Vietnam was on the "gray list" due to weak anti-money laundering measures.
New rules may make Vietnam a key player in the Asian crypto industry,
attracting investment and promoting technological progress.
