The newly enacted law recognizes digital and crypto assets, set to take effect on January 1, 2026, aiming to enhance regulatory frameworks and promote blockchain innovation.
Vietnam's National Assembly has passed the Digital Technology Industry Law, effective January 1, 2026, officially recognizing and regulating digital and crypto assets. The law categorizes assets into virtual and crypto assets, establishing a framework for licensing exchanges and implementing anti-money laundering measures. This legislative move aims to improve Vietnam's standing with the Financial Action Task Force and foster a growing cryptocurrency economy, with incentives for blockchain startups and digital infrastructure development.