Vietnam Officially Legalizes Bitcoin, Pioneers in Southeast Asia!

Updated
June 17, 2025

Jakarta, Pintu News – Vietnam has taken a big step in the crypto revolution by legalizing crypto assets including Bitcoin (BTC). Based on recent reports, Vietnam’s National Assembly has passed the Law on Digital Technology Industry on June 14, 2025, which will come into effect on January 1, 2026.

The move marks Vietnam’s full support of cryptocurrencies and aims to provide clear rules and security measures for the growing digital economy.

Passage of New Law

The newly passed Law on Digital Technology Industry supports not only the use of cryptocurrencies but also the development of other important technologies such as artificial intelligence (AI), semiconductors, and digital infrastructure. With this law in place, Vietnam hopes to strengthen its position as a leader in the Southeast Asian region in the adoption of future technologies.

This law divides digital assets into two types: virtual assets and crypto assets. Virtual assets include items such as in-game tokens or points that are used for transactions. Meanwhile, crypto assets refer to assets like Bitcoin (BTC) that rely on encryption for transaction validation.

Read More: Company’s Bitcoin Accumulation Strategy Threatened, Stock Falls!

vietnam crypto adoption

Earlier, Vietnam’s Prime Minister had ordered the creation of a legal framework for crypto assets such as Bitcoin (BTC) and Ethereum (ETH), signaling the country’s serious intentions to regulate digital currencies. The move is part of a broader effort to integrate blockchain and crypto technology into the national economy.

At the time of writing, Bitcoin (BTC) is trading around $106,607, showing an increase of 0.55% in the past day. Over the past week, the price of Bitcoin (BTC) has risen by around 1%, supported by improving global trading conditions and rising investor confidence. Vietnam’s new law adds to that positive momentum by showing that the government’s support for crypto is growing.

Global and Regional Implications

With this move, Vietnam places itself among the countries that recognize the value of blockchain and crypto, which may encourage other countries to follow its lead. Vietnam’s boldness in adopting this technology not only strengthens its digital economy but also sets a new standard in crypto regulation in the Southeast Asian region.

Vietnam’s seriousness in integrating crypto into its financial system and national economy shows great potential for growth and innovation. It also opens up opportunities for investors and businesses to participate in a safe and regulated digital economy.

Conclusion

With the passing of this new law, Vietnam is not only strengthening its digital economy but also demonstrating its commitment to the future of technology. This move is expected to have a significant positive impact on economic growth and innovation in Vietnam.

Also Read: Metaplanet Reaches 10,000 BTC Target: What Does It Mean for the Future of Cryptocurrency?

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

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