Vietnam Legalizes Crypto With New Digital Technology Law – Coincu
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Key Points: Vietnam recognizes crypto assets with new law effective January 2026. Aligns with global standards and promotes innovation. Potential boost for crypto investment in Vietnam. Vietnam’s National Assembly has enacted the “Law on Digital Technology Industry,” marking the first recognition and regulation of crypto assets in the country. This legislation will be effective from January 1, 2026, setting a legal framework for digital assets. Vietnam’s new law is a pivotal step in its digital innovation strategy, aligning with global standards and addressing FATF concerns. The inclusion of crypto assets indicates a commitment to technological advancement. New Law Spurs Investment and Global Compliance in Vietnam Vietnam’s legal recognition of crypto assets signifies major progress in digital regulation. The law passed on June 14 establishes a comprehensive legal framework that differentiates between virtual and crypto assets. Implementation falls under relevant government agencies responsible for statutory guidelines and international compliance. The country aims to modernize its tech sector and improve its FATF status. The law excludes securities and digital fiat, focusing on crypto assets for the first time. It also stipulates adherence to global cybersecurity and AML standards. These changes are preemptive actions to boost foreign investment and legitimize the crypto environment within Vietnam. As the law begins to take effect, opportunities for technological and digital finance innovation are expected to expand. “The Law on Digital Technology Industry marks a significant step towards integrating Vietnam into the global digital economy, offering a clear regulatory framework for crypto assets.” — Nguyen Thi Kim Ngan, Chairwoman of the National Assembly of Vietnam Vietnam’s Regulatory Shift Could Drive Blockchain Growth Did you know? Vietnam’s initiative follows Japan and Singapore, who saw increases in institutional interest after similar regulatory measures. Compliance with FATF standards can often lead to positive market shifts and enhanced investment. According to…
Filed under: News - @ June 15, 2025 3:20 pm