Vietnam legalizes cryptocurrencies with a new digital technology law
Vietnam has approved a digital technology law that legalizes crypto assets and establishes incentives for artificial intelligence, semiconductors, and infrastructure.
The National Assembly of Vietnam passed the Law on Digital Technology Industry on June 14, subjecting digital assets to regulatory oversight.
The legislation, which will come into effect on January 1, 2026, recognizes crypto assets and lays the groundwork for broader digital innovation across the country, according to local media reports.
The law classifies digital assets into two categories: virtual assets and crypto assets. Although both are based on encryption or digital technologies for their validation and transfer, neither includes securities, digital fiat currencies, or other financial instruments#VietnamCryptoPolicy