Vietnam Joins the Crypto Revolution With Official Bitcoin Legalization

• Vietnam’s legalization of crypto assets, including Bitcoin, signals a major policy shift and positions the country as a regional tech leader.
• The new law is part of a broader national strategy to foster digital innovation—including crypto, AI, and semiconductors—while attracting global investors and tech talent.

Following the directive for the Ministry of Finance (MoF) and the State Bank of Vietnam to produce a regulatory framework to guide the operation of digital assets—as also previously highlighted in a recent Crypto News Flash (CNF) report—the country’s National Assembly has now officially passed a new law to legalize crypto assets, including Bitcoin.

According to the report, the Law on Digital Technology Industry, approved on June 14, 2025, will take effect on January 1, 2026. This law marks Vietnam’s full support for cryptocurrencies and aims to bring clear rules and safety measures to the growing digital economy. As also has further concluded in a Medium post:

This new law has opened up a world of opportunities for businesses, investors, and the youth of Vietnam. It has also solidified the country’s position as a leader in the Southeast Asian region when it comes to embracing the future of technology.

Furthermore, under of this new law, digital assets are divided into two types: virtual assets and crypto assets. Virtual assets include items like in-game tokens or points used for exchanges. Crypto assets, on the other hand, refer to assets like Bitcoin that rely on encryption for transaction validation.

Nevertheless, important to note that, this law is not simply about crypto—it also supports the development of key technologies like AI, semiconductors, and digital infrastructure.

Vietnam’s Legal Step Toward Using Bitcoin

In accordance with a previous CNF highlight, Vietnam’s Prime Minister has officially ordered the creation of a legal framework for crypto assets like Bitcoin and Ethereum, signaling the country’s serious intention to regulate digital currencies.

At the time of writing, Bitcoin (BTC) is trading at approximately $106,607, reflecting a 0.55% increase in the past day. Over the past week, it has risen by around 1%, supported by improved global trade conditions and rising investor confidence. Thus, the Vietnam’s new law adds to this positive momentum by showing the world that crypto is gaining more government support.

To this end, the growing interest of countries like Vietnam places it among a rising number of nations recognizing the value of blockchain and crypto—and it could push others to follow. As for Bitcoin utilization in this context, see the BTC price chart below for detailed price movements below.

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