On June 14, 2025, Vietnam’s National Assembly approved the Digital Technology Industry Law, formally recognizing crypto assets and virtual assets as legal entities for the first time.
Legal Recognition of Crypto Assets
The law clearly defines crypto assets and virtual assets, explicitly excluding securities, fiat digital currencies, or financial instruments from their scope.
Regulated Framework Comes into Force
The new law sets January 1, 2026, as the start date for implementation, mandating the government to establish clear rules around business classifications and licensing, cybersecurity resilience, and anti-money laundering aligned with FATF standards.
Boosting Tech Ecosystem
The law also incentivizes broader digital industries with tax breaks and support for workforce training, positioning Vietnam as a regional digital tech hub.
By passing this law, Vietnam aims to transition the crypto economy from a legal grey zone into a regulated and transparent market, protecting investors while attracting innovation.
