Vietnam officially incorporates crypto assets into regulation with the passage of the "Digital Technology Industry Act"

BlockBeats reported that on June 15, the Vietnamese National Assembly passed the "Digital Technology Industry Law" on June 14, officially bringing crypto assets under the country’s legal regulatory framework for the first time. The law will take effect on January 1, 2026. According to local Vietnamese media, the passage of the legislation not only recognizes the legal status of crypto assets but also paves the way for broader digital innovation nationwide.

The new law categorizes digital assets into two types: virtual assets and crypto assets. While both rely on cryptographic or digital technology for validation and transfer, they do not include securities, digital fiat currencies, or other financial instruments. The government will next be responsible for developing the relevant operational conditions, classification standards, and regulatory mechanisms.

The law also mandates compliance with international norms such as cybersecurity and anti-money laundering (AML) requirements for activities involving crypto assets, clearly addressing regulatory concerns from the Financial Action Task Force (FATF). Since 2023, Vietnam has been on FATF's "Grey List."