Vietnam Passes Law to Legalize Bitcoin and Crypto Assets
In a historic move, Vietnam has officially recognized Bitcoin and other cryptocurrencies by passing the Law on Digital Technology. The new legislation, approved by the National Assembly, marks a major step forward in the country’s digital transformation journey.
The law, which will be effective on January 1, 2026, differentiates between virtual assets and crypto assets. Interestingly, they are not referred to as securities, digital currencies or other conventional financial assets.
This categorization paves the way to greater transparency and order in the rapidly expanding crypto world. The Vietnamese authorities have recognized cryptocurrencies on a national scale, the first time ever, according to local media.
Although the law does…
