Vietnam just made a major move in the crypto space by passing the Law on Digital Technology Industry. This law legally defines crypto assets as property, opens the door to regulated exchanges, and introduces frameworks for taxation and licensing. Starting January 2026, crypto will have a recognized place in Vietnam’s financial system—not as legal tender, but as a legitimate digital asset class. The government is also setting up pilot zones for Web3 projects in cities like Ho Chi Minh and Da Nang. With this law, Vietnam is clearly signaling its ambitions to become a crypto innovation hub in Southeast Asia.