#VietnamCryptoPolicy Vietnam has taken a significant step towards the regulation of cryptocurrencies with the approval of its Digital Technology Industry Law, which will come into effect on January 1, 2026. Previously, the policy was ambiguous: the use of cryptocurrencies as a payment method was illegal, but owning and trading them on exchanges was a "gray area".

The new law legally recognizes crypto-assets and classifies them as "virtual assets" and "crypto-assets", aiming to attract foreign investment and promote technological innovation. This includes a licensing regime for exchanges, safeguards against money laundering (AML), and specific tax rules. Although the detailed legal framework is still being developed through sub-decrees, Vietnam aspires to become a regional center for blockchain innovation, positioning itself as a regulated cryptocurrency market.