$BTC Delegate Thach Phuoc Binh (Deputy of Tra Vinh), believes that the Government needs to clearly distinguish between types of digital assets and encrypted assets, in order to ensure legal validity and tax obligations of the owners.

On the afternoon of May 9, the National Assembly discussed the draft Law on Digital Technology Industry, which includes new regulations on encrypted assets. According to the draft, digital assets are assets as defined in the Civil Code, represented in the form of digital data, created, issued, stored, transferred, and verified by digital technology in an electronic environment.