Crypto Goes Legal In Vietnam, Here’s What It Means For The Market
- Vietnam becomes the first nation to enact a comprehensive law on digital technology, recognizing virtual and crypto assets as distinct entities.
- The law sets up a sandbox environment to test and innovate virtual asset services with regulatory flexibility.
- Compliance with global AML standards demonstrates Vietnam’s commitment to enhancing financial transparency and digital governance.
On June 14, 2025, Vietnam’s National Assembly approved the Law on Digital Technology Industry, officially bringing digital assets under national law for the first time. With this decisive step, Vietnam sets itself apart as the world’s first nation to roll out a comprehensive, single legal framework aimed at steering the rapidly evolving…
