#VietnamCryptoPolicy Vietnam has officially adopted a law on digital assets, resulting in cryptocurrencies becoming part of the country's legal and financial system.
The new law defines digital assets as property created, stored, or transferred using encryption or related technologies.
The new legislation will come into effect on January 1, 2026, and creates a clear legal framework for the crypto industry.
The Vietnamese government will take full regulation of the digital asset market, including the development of trading, ownership, and classification rules.
The law also requires compliance with cybersecurity measures and anti-money laundering in accordance with international standards. This is clearly aimed at addressing issues with the Financial Action Task Force (FATF) — Vietnam has been on this organization's 'grey list' since 2023.