⚖️ Vietnam and the legal framework for crypto: A major turning point or just the beginning?
After many years of waiting, the Digital Technology Industry Law has officially been passed by the National Assembly of Vietnam, paving the way for the recognition of cryptocurrencies such as Bitcoin, Ethereum... as legal from January 1, 2026.
According to experts, this could be a major turning point that helps Vietnam become a leading cryptocurrency hub in the region.
🔍 Summary of the highlights from the new policy:
For the first time, cryptocurrencies are clearly legalized – distinguished from virtual assets (such as game items, reward points).
About 17 million Vietnamese people owning crypto will have a legal basis for protection.
Domestic blockchain startups will no longer have to "go abroad" to register legal entities in Singapore, Hong Kong...
Da Nang, Ho Chi Minh City, and Hanoi are expected to become centers for testing digital assets – with a sandbox model, stablecoin payments, encouraging the application of blockchain in everyday life.
The government emphasizes: the law comes with requirements for compliance with cybersecurity, anti-money laundering, and protection of individual investors.
🎯 Opportunity or challenge?
Vietnam has a large force of blockchain programmers, a young population, and a high rate of crypto acceptance...
→ But to break through, clear and flexible practical implementation policies are still needed, along with an open investment environment.
💬 ???
Is this a historic turning point for the crypto market in Vietnam?
Or is it just the beginning, with many things still to be done?
Have you ever hesitated to invest or start a crypto business in Vietnam? Does this new law change your perspective?