Vietnam has passed a law that officially recognizes digital and crypto assets, which has taken a specific step toward regulating and promoting the cryptocurrency economy.
The law in the digital technology industry was passed on June 14 and took place on January 1, 2026. It described a broad framework for managing digital assets and caring for change in blockchain, according to Local media.
This legal recognition came from Vietnam that improved its stance in the rankings of the Financial Action Task Force, a international organization that sets standards to deal with money losses and terrorism funding. The country is assigned to Fatf’s Color -List -abo For insufficient anti-money laundering controls, especially about virtual properties.
The law categorized digital assets in two groups: virtual assets and crypto assets. While both falls out of traditional financial definitions such as the bank’s security or central digital currencies, crypto assets are categorized by their use of prescrypting in proving creation and transfer.
The law provides the Vietnam government authority to identify specific regulation conditions, including anti-money laundering measures and cybersecurity standards that align in international standards.
Besides its regulation, the law introduced a host of incentives that target blockchain startups and digital infrastructure developers. This includes state subsidies, tax excludes, and visa perks.
