Vietnam Recognizes Crypto Assets in New Legislation

Vietnam’s National Assembly has enacted a landmark law recognizing and regulating crypto assets, effective January 1, 2026, leading the way for comprehensive digital technology industry recognition in the region.

This regulatory move sets the stage for increased institutional involvement and positions Vietnam as a proactive leader in addressing global digital asset oversight demands.

Vietnam’s National Assembly Legalizes Crypto Assets

The National Assembly passed a new law on June 14, 2025, marking crypto assets‘ legal recognition. This legislation, driven by Prime Minister Phạm Minh Chính, aligns with global Anti-Money Laundering (AML) expectations.

The law includes regulatory frameworks for Bitcoin, Ethereum, and NFTs, beginning January 2026. It does not cover stablecoins or CBDCs, focusing instead on cryptographic technologies.

Investment Surge Expected from Crypto Law Clarity

Expectations are high for increased investment as the law offers clarity for institutional players. The law likely influences both local and international crypto market dynamics. Prime Minister Phạm Minh Chính, has stated, “The passage of this law demonstrates our commitment to implementing a robust regulatory framework that enhances investor confidence and aligns with international standards.”

Experts predict a boost for Vietnam’s cryptocurrency ecosystem, potentially enhancing liquidity and enticing global DeFi protocols. Historical trends suggest positive financial outcomes following regulatory clarity.

Vietnam Follows Japan and EU in Crypto Regulation

Countries like Japan and the European Union previously introduced similar crypto regulations, leading to their digital asset industries maturing. Vietnam follows these regulatory precedents to similar success.

Industry observers from Kanalcoin note Vietnam’s law could significantly legitimize local markets, echoing past regulatory frameworks’ influence on international crypto adoption.

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