Vietnam has officially legalized crypto assets as part of a historic digital technology law approved by the National Assembly on June 14. This law, which will come into effect on January 1, 2026, creates a regulatory framework that classifies digital assets as virtual or crypto assets.

None of these categories include securities or digital fiat currencies. The government will now develop specific business standards and oversight mechanisms, while implementing cybersecurity standards and anti-money laundering measures to meet international expectations.

The new law also highlights Vietnam's ambition to become a leader in digital technology innovation. It offers extensive incentives to artificial intelligence companies, semiconductor manufacturing, and digital infrastructure.