#VietnamCryptoPolicy

Vietnam has officially approved its long-awaited legislation on digital assets, which incorporates cryptocurrencies into the country's legal and financial system.

The new law, which is part of a broader law on the digital technology industry, defines digital assets as goods created, stored, or transferred through encryption or related technologies. Vietnam's adoption of this law represents a deliberate shift to position itself as a secure and progressive digital financial hub in Southeast Asia. By legally recognizing and regulating digital assets, the country aims to foster innovation while meeting global compliance expectations.