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Recent reports state that Vietnam made a big move by officially legalizing crypto assets via its new Digital Technology Industry law. This gives users, traders, and businesses a clear legal framework well before the slated start date of January 1, 2026.
The landmark transition is viewed as a significant milestone on Vietnam’s digital path due to the global firm establishment of crypto assets.
Vietnam Sets Clear Rules for Crypto Assets
On June 14, 2025, Vietnam’s National Assembly enacted a law formally recognizing digital assets such as Bitcoin and Ethereum. This sets these apart from other digital goods, like in-game tokens and NFTs, which are now categorized as virtual assets.
The Act stipulates that these are neither fiat money nor financial securities. Therefore, with the rollout planned for January 1, 2026, businesses and regulators have time to transition to the new framework to make it clear for implementation.
Live Prices Show Rising Demand
CoinMarketCap’s current statistics bear witness to the level of interest across Vietnam in crypto assets:
| Asset | Price (USD) | 24‑h Change |
|---|---|---|
| Bitcoin | $106,701 | +1.08 % (investopedia.com) |
| Ethereum | $2,616.23 | +3.11 % |
Bitcoin is trading above $106,000, showing resilience amid geopolitical tensions. Ethereum’s rise goes hand in hand with increased use in the stablecoin realm. These prices suggest that the belief in crypto assets remained steady before the reform.
Widespread User Adoption
As per Aisen’s research article on crypto adoption, Vietnam ranks among the top five countries around the globe for adopting crypto. Such figures prove how deeply-rooted digital assets become in ordinary daily financial transactions. A recent survey suggests that between 20 and 21% of the population, approximately 20 million people, have some crypto assets.
Most users tend to fall in the age bracket of 25-34-an age group in a tech-savvy cohort that will undoubtedly push future innovations and change. Most serve for trading, investing, or cross-border payments, which are faster and often cheaper than traditional banking.
Some use it for inflation hedging or getting their fingers into global financial tools, which the local system was not granting access to. Because there is a legal framework, users will be clearer, with much less risk and more confidence in how they hold and use their assets.
This is a move toward mainstream adoption, and user numbers may grow even stronger as 2026 approaches.
Rules to Fortify Trust
The new law emphasizes regulation in terms of:
- AML measures
- Cybersecurity
- Licensing for Exchanges
These measures address FATF guidelines and help Vietnam be removed from the ‘gray list.’ Users may expect their crypto assets to be handled more safely and reliably.
Expert Voices Add Authority
Analyst said,
“Set rules in Vietnam would attract foreign investment and reduce the risk.”
On the other hand, reported:
“Vietnam’s movement is one of the wider adoption trends across the countries in the region toward crypto assets.”
These words add credibility to the writing, which shows absolute confidence in the country’s direction toward digital assets.
Innovation and Training Push
Innovation and training propel Vietnam onto the track with crypto for the long-run technological future. The new law supports several significant initiatives:
- Blockchain R&D and tax cuts as incentives to drive innovation and attract startups
- Start of the national platform (NDAChain) in secure digital transactions
- Digital ID instruments for open and safe accessibility to crypto services
- Skill development training on AI, Cybersecurity, and Blockchain will boost future industries.
Schools and local governments will be engaged in forging these skill sets, which will allow the future workforce to thrive in Vietnam’s digitalized economy.
Roadmap to 2026
Before the coming into effect of the law, look for:
- Exchange and custody licensing rules
- Tax rules under CARF for crypto assets
- Auditing and reporting standards
These guidelines will bring adaptation for platforms and users by 2026.
Joining the Global Movement
Vietnam joins Brazil, El Salvador, and the UAE in regulating digital currencies. It boasts self-sufficient laws on crypto assets and clear guidelines on definition, compliance, licensing, and cybersecurity.
Unlike other independent nations, scattered policies make Vietnam’s approach a dream vision based on tech-driven growth in the long run. The country has created a roadmap to become a rising player in the global crypto economy with national blockchain plans and Web3 education support.
Conclusion
Legalizing crypto assets in Vietnam, on the part of laws, provides structure and direction to what was previously a nebulous space. This change article/legalizes solid legal structures within which traders, investors, and developers may work.
Increased market confidence and adoption might mean that in 2026, the law could either be a game-changer or bring in new rounds of ducking and dodging.
With interest on the rise and regulations getting clearer, Vietnam is positioning itself among the most significant hubs in the crypto space, somewhere to be closely watched.
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FAQs
1. What did Vietnam legalize?
It recognized that cryptocurrencies and virtual assets are legally defined and effective from January 1, 2026.
2. Are cryptocurrencies and other digital assets taxed?
Tax rules are yet to be released but will come under CARF.
3. What is the percentage of users using crypto in Vietnam?
About 20-21% hold crypto assets, while many trade and remit transactions.
4. Will cryptocurrencies be regulated by a license?
Yes. Licensing, AML, and cybersecurity scrutiny will launch by or before 2026.
Glossary of Key Terms
Cryptocurrency Assets: Tokens built on Blockchain technologies like Bitcoin and Ethereum.
Virtual assets: Digital tokens for usage in-game or other platforms
AML: Controls against Drug Money Laundering
FATF: Global anti-financial crime institution
CARF: Reporting framework for cryptocurrency transactions
