Vietnam becomes first Southeast Asian country to officially recognise Bitcoin and crypto assets under new law
Vietnam’s National Assembly has passed a new digital law that will officially recognise Bitcoin and other cryptocurrencies from January 2026.
The law, which is part of the country’s broader push towards digital transformation, separates crypto assets from traditional financial products like securities and fiat currencies.
It does not treat them as digital currency or conventional investment tools but classifies them as distinct digital assets.
While the law stops short of setting out a full regulatory system, it is being seen as a crucial first step towards clear crypto governance.
Officials say the new law aims to bring transparency to the crypto sector and promote responsible innovation.
The legislation also supports the use of blockchain technology and artificial intelligence, part of Vietnam’s goal to become a digital-first economy.
Authorities believe this legal move could improve the country’s relationship with the Financial Action Task Force and help Vietnam meet international anti-money laundering standards.
This story is written and edited by the Global South World team, you can contact us here.
