Vietnam Opens Doors to Crypto with Landmark Digital Tech Law
Vietnam’s National Assembly has given the green light to cryptocurrency regulation under the Digital Technology Industry Law, set to take effect in 2026. This move provides much-needed clarity for investors and businesses dealing with digital assets.
The law defines two types of digital assets—virtual assets and crypto assets—while excluding traditional financial instruments. The government will soon outline licensing requirements and compliance rules, ensuring a structured market.
Notably, the legislation incorporates FATF-aligned AML safeguards, addressing Vietnam’s gray-listing since 2023. Beyond crypto, the law offers tax breaks and R&D incentives for tech firms in AI, semiconductors, and digital infrastructure, positioning Vietnam as an emerging tech hub.