Vietnam has taken a major step toward embracing digital innovation by passing the Digital Technology Industry Law, which includes provisions for cryptocurrency legalization.
Effective in 2026, the law introduces regulatory clarity while promoting tech-driven economic growth.
Digital assets are classified as either virtual or crypto assets, with strict exclusions for securities and fiat currencies. The government will establish business conditions and oversight mechanisms, ensuring a secure ecosystem.
The law also enforces international AML standards, a critical move given Vietnam’s FATF gray-list status. Moreover, it offers generous incentives—including tax cuts and land-use benefits—for companies in AI, chip manufacturing, and digital infrastructure, reinforcing Vietnam’s ambitions as a regional tech leader.
