Vietnam Officially Recognizes Bitcoin and Other Digital Assets!

Updated

June 16, 2025

Gambar Vietnam Officially Recognizes Bitcoin and Other Digital Assets!

Jakarta, Pintu News – Vietnam has taken a major step in the digital world by passing a new law that recognizes Bitcoin and other crypto assets. The move is expected to open the floodgates for digital innovation in the Southeast Asian country.

New Legislation: The Digital Age in Vietnam

Vietnam’s National Assembly recently passed the Digital Technology Law, which is a significant step in the country’s efforts towards full digitalization. The law, which received majority support on the House floor, classifies digital assets into two broad categories: virtual assets and crypto assets.

According to the definition given, these assets do not fall under the category of securities, digital currencies, or other financial assets. This law marks the first time the Vietnamese government has officially recognized Bitcoin (BTC) and other cryptocurrencies. With the law taking effect on January 1, 2026, key industry players are expected to prepare themselves for the upcoming changes.

Blockchain and AI Integration

vietnam regulation pi network — Generated by AI

In addition to recognizing Bitcoin (BTC), the new law also makes provisions for the national integration of blockchain technology and artificial intelligence . The move is expected to strengthen Vietnam’s digital infrastructure and open up more opportunities for innovation.

Vietnam is striving to align its financial system with global anti-money laundering (AML) best practices, in hopes of being removed from the FATF monitoring list. Investors and analysts see this as the first step in a long journey towards full acceptance of digital assets. Currently, Vietnam does not have a strong framework for digital currency regulation, but the new law is considered a worthwhile endeavor.

Global Developments in Bitcoin Adoption

Other countries, including Vietnam, are increasingly focusing on Bitcoin (BTC) and other cryptocurrencies to improve local payment systems and as a hedge against inflation. Pakistan, for example, is leading the way with regulatory plans to legalize crypto, although their plans for a Strategic Bitcoin Reserve have come under particular scrutiny.

Meanwhile, Ukraine is also considering the possibility of having a Strategic Bitcoin Reserve. Lawmakers there are pushing for the reserve’s operations to be overseen by the country’s central bank once launched.

Conclusion

With this bold move, Vietnam has the potential to become a leader in the adoption of blockchain technology and crypto assets in Southeast Asia. The decision to recognize and integrate digital assets into the national financial system demonstrates Vietnam’s commitment to innovation and technological advancement.

Also Read: Crypto Market Optimism: Can Optimism (OP) Break $0.72?

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