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Vietnam Legally Defines Crypto in Newly Approved Legislation
Vietnam is the latest country to officially recognise digital assets, with its new Law on Digital Technology Industry, approved on 14 June 2025. The legislation, which also covers initiatives around artificial intelligence (AI), will take effect on 1 January 2026. According to a local media report, the approved law classifies digital assets into two categories: virtual assets and crypto assets. It defines virtual assets as a form of digital asset used for exchange or investment. Meanwhile, crypto assets are defined as digital assets that rely on encryption technology to validate transactions and ownership. The ... (full story)
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