Vietnam’s National Assembly has passed a comprehensive Law on Digital Technology, formally recognizing Bitcoin and other cryptocurrencies as legitimate digital assets. The legislation establishes a distinct regulatory framework that classifies digital assets separately from traditional securities and financial instruments.
The law is scheduled to take effect on January 1, 2026, providing a clear timeline for businesses and investors to adapt to the new regulatory environment. It specifically promotes the integration of blockchain and artificial intelligence technologies within Vietnam’s digital economy, aiming to stimulate technological innovation and attract foreign investment.
Notably, the legislation aligns with international anti-money laundering (AML) standards set by the Financial Action Task Force (FATF), potentially improving Vietnam’s global regulatory standing. This strategic move positions Vietnam as a regional leader in cryptocurrency adoption, alongside other nations like Ukraine and Pakistan that are pursuing similar regulatory frameworks.