Vietnam has passed the Law on Digital Technology, officially recognizing Bitcoin and other cryptocurrencies as digital assets.
This law, approved by the National Assembly, will come into effect on January 1, 2026.
The legislation differentiates between virtual and crypto assets but does not categorize them as securities, digital currencies, or traditional financial assets. This development shows a step toward regulating the expanding crypto sector in the country.
While the law does not create a comprehensive regulatory framework, it is viewed as a foundational step for future development.
It also aligns with international anti-money laundering standards, which may enhance Vietnam’s relationship with the Financial Action Task Force (FATF).
Additionally, the law emphasizes the integration of blockchain and AI as part of Vietnam’s strategy to advance its digital economy
