Vietnam crypto law officially recognizes cryptocurrency and digital assets through the groundbreaking Law on Digital Technology Industry. The National Assembly approved this landmark Vietnam crypto law on June 14, 2025, and also established the first comprehensive legal framework for cryptocurrency in the Southeast Asian nation. This Vietnam crypto law takes effect January 1, 2026, addressing currency substitution concerns while legitimizing digital assets right now.
JUST IN: 🇻🇳 Vietnam passes law officially recognizing crypto assets.
— Watcher.Guru (@WatcherGuru) June 16, 2025
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Vietnam Adopts Digital Assets With New Crypto Laws
The new Vietnam crypto law categorizes digital assets into virtual assets and also crypto assets. Cryptocurrency transactions will operate under clear regulatory oversight, and digital assets receive formal legal recognition. This currency substitution framework excludes securities and local currency representations, focusing specifically on blockchain-based cryptocurrency innovations at the time of writing.
Legal Framework Definitions
Under the Vietnam crypto law, crypto assets use encryption technologies for validation during creation and also transfer. The virtual assets are currently used as exchange and investments. The government develops detailed classifications for cryptocurrency operations while ensuring digital assets comply with anti-money laundering standards. Currency substitution policies will prevent overlap with traditional financial instruments.
Le Quang Huy, Chairman of the National Assembly’s Committee on Science, Technology and Environment, had this to say:
“The newly passed law clearly outlines Vietnam’s strategic goal to develop a comprehensive semiconductor industry and gradually become an essential link in the global supply chain.”
Tech Development Incentives
The Vietnam crypto law extends beyond cryptocurrency regulation to boost semiconductors and also AI development. Digital assets companies receive tax breaks and land-use incentives right now. Local governments must implement workforce training for cryptocurrency and digital assets sectors. Currency substitution policies support blockchain innovation while maintaining financial stability at the time of writing.
Regulatory Compliance and Security
This Vietnam crypto law addresses security concerns affecting cryptocurrency adoption. Digital assets operations must implement cybersecurity measures and also prevent money laundering. The legislation strengthens consumer protection for cryptocurrency transactions while encouraging legitimate digital assets innovation. Currency substitution regulations align with international standards, and potentially removing Vietnam from FATF monitoring.
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Vietnam’s comprehensive approach positions the country as a regional leader in cryptocurrency regulation while fostering digital assets growth and also technological advancement right now.