Vietnam just made crypto history with a groundbreaking step forward. On June 14, the National Assembly passed the Law on Digital Technology Industry, officially recognizing crypto assets under a clear national regulatory framework for the first time.
Set to take effect on January 1, 2026, this pioneering law legally defines virtual and crypto assets—though it excludes digital fiat currencies and securities. It establishes the groundwork for business regulations and oversight, while introducing anti-money laundering (AML) and cybersecurity safeguards aligned with FATF guidelines. This is crucial as Vietnam currently remains on the FATF grey list.
However, the law’s ambitions extend far beyond crypto. It aims to position Vietnam as a leading digital technology hub, offering tax incentives, land benefits, and R&D support for companies working in AI, semiconductors, and digital infrastructure. Parallel education reforms and workforce subsidies will help cultivate the talent necessary to fuel these sectors.
Vietnam thus becomes the first country worldwide to pass a standalone digital tech law—sending a strong signal to both local innovators and global investors eyeing the fast-growing Southeast Asian market.