#VietnamCryptoPolicy
🔥🚀Vietnam Makes History By Legalizing Cryptocurrency Under New Digital Tech Law🔥🚀
Vietnam officially legalized digital assets and set up a legal framework for artificial intelligence (AI) for the first time. The country passed the Law on Digital Technology Industry with overwhelming support—441 out of 445 delegates voted in favor, marking a major turning point for Southeast Asia’s growing digital economy.
✨Vietnam Recognizes Crypto Under New Law
On June 14, the Vietnamese National Assembly formally recognized digital assets as legal virtual assets under the Civil Code. This means cryptocurrencies like Bitcoin and Ethereum can now be used for investment and exchange, offering legal clarity to investors and businesses.
👉The new law introduces a two-tier classification system:
💥Virtual Assets: Non-financial tokens, loyalty points, and gaming items
💥Crypto Assets: Blockchain-based assets like Bitcoin, Ethereum, and potentially NFTs
✨When Will the Law Come Into Effect?
The Digital Technology Law is set to go live on January 1, 2026. It will provide legal frameworks not just for digital assets, but also for AI, blockchain, and semiconductor development, positioning Vietnam as a rising digital powerhouse in Asia.