Vietnam passes digital technology bill to legalize cryptocurrency, expected to take effect on January 1 next year
Source: 英文PANews9 hour ago
PANews reported on June 15 that the Vietnamese National Assembly approved the Digital Technology Industry Act on June 14, bringing digital assets under regulatory scope. It is reported that the bill will take effect on January 1, 2026, recognizing crypto assets and laying the foundation for broader digital innovation across Vietnam. It is reported that the bill divides digital assets into two categories: virtual assets and crypto assets. Although both rely on encryption or digital technology for verification and transfer, neither includes securities, digital legal tender or other financial instruments. The current task of regulators is to outline the specific business conditions, classification and supervision mechanisms for these asset types.

Bullish
0

Bearish
0