Vietnam Legalizes Crypto Under New Law
Vietnam has approved a landmark bill to create a structured legal environment for digital assets. The new legislation, called the Law on Digital Technology Industry, will take effect in January 2026.
This lays the groundwork for regulated crypto activity and is designed to enable the growth of the emerging industry.
Vietnam Unveils Bold Crypto Law
According to reports, the new law formally recognizes digital assets and divides them into two main categories of virtual assets and crypto assets.
Crypto assets are digital instruments that rely on encryption and blockchain technologies for creation, issuance, storage, and transfer. These include tokens used to validate transactions and verify ownership on distributed…