Vietnam's National Assembly has enacted the Digital Technology Law, legalizing crypto assets nationwide, effective from January 1, 2026.
Adoption of the Digital Technology Law
On June 14, 2025, Vietnam's National Assembly approved a new Digital Technology Law that legalizes crypto assets. This law, drafted by the Ministry of Science and Technology, aims to create regulatory clarity regarding crypto assets, such as BTC and ETH, while excluding securities and digital fiat.
New Investment Opportunities
The Digital Technology Law promises to attract investments into the digital technology sector by offering incentives like tax reductions and land use benefits. This will set a foundation for attracting capital into Vietnam's growing digital sectors, expected to boost innovation and foreign investment.
Economic and Regulatory Implications
The legislation mandates adherence to AML and cybersecurity standards, targeting FATF compliance. This opens new opportunities for Vietnam's digital economy and facilitates access to digital skills in education. An uptick in DeFi activity and new local blockchain protocols is anticipated.
The legalization of crypto assets in Vietnam creates significant opportunities for economic growth and innovation in digital technologies, potentially strengthening the country's position in global crypto markets.