#VietnamCryptoPolicy Vietnam has recently enacted a landmark "Law on Digital Technology Industry," which officially recognizes digital assets, including cryptocurrencies, and aims to establish a comprehensive regulatory framework. This law, effective January 1, 2026, differentiates between "virtual assets" and "crypto assets," explicitly excluding traditional securities and digital fiat currencies.

While the use of crypto as a payment method remains illegal, the new legislation provides a legal foundation for their management, issuance, and trading. It mandates robust cybersecurity and Anti-Money Laundering (AML) measures, aligning with international standards, partly to address Vietnam's inclusion on the FATF "gray list." This move signals Vietnam's ambition to become a digital tech hub, fostering innovation while providing much-needed clarity and security for its highly active crypto market.