Digital Currency Policy in Vietnam: Summary
Vietnam has taken an important step toward regulating digital currencies. Here is a summary of the updates:
* Legislation on Digital Assets: On June 14, 2025, the National Assembly of Vietnam approved the Law on Digital Technology Industry. This historic law legitimizes digital assets, including cryptocurrencies, and recognizes them as "property" under civil law.
* Effective Date: The new law will come into effect on January 1, 2026.
* Classification of Digital Assets: The law classifies digital assets into two main types: virtual assets and encrypted assets.
