Close Menu
Crypto Valley Journal
    Facebook X (Twitter) Instagram
    Crypto Valley Journal
    • Hot Topics
      • News
      • Minds
    • Focus
      • Background
      • Blockchain
      • Legal & Compliance
      • Non-Fungible Token (NFTs)
    • Investing
      • Markets
      • Financial Products
      • Decentralized Finance (DeFi)
      • Exchange overview
    • Education
      • Basics
      • Glossary
      • Politicians on crypto
    • Statistics
      • Bitcoin-ETF-Flows
      • Ethereum-ETF-Flows
      • Crypto market data
      • On-chain data
    • Academy
      • Overview
      • Part 1: Blockchain
      • Part 2: Money
      • Part 3: Bitcoin
      • Part 4: Cryptocurrencies
      • Part 5: Decentralized Finance
      • Part 6: Investing
    • English
      • Deutsch
    Crypto Valley Journal
    You are at:Home » Hot Topics » News » Vietnam legalizes crypto and launches Web3 initiative
    Vietnam legalisiert Krypto und startet Web3-Offensive

    Vietnam legalizes crypto and launches Web3 initiative

    0
    By Editorial Office CVJ.CH on 16. June 2025 News

    Vietnam passes Digital Technology Industry Act, establishing clear rules for cryptocurrencies – a major step toward a Web3 future.

    The Vietnamese National Assembly has approved a law that, for the first time, legally anchors cryptocurrencies and digital assets. The Digital Technology Industry Act will come into force on January 1, 2026. It defines “virtual assets” and “crypto assets,” and does not classify them as traditional financial instruments. The law adheres to international standards for AML/KYC, provides regulatory clarity, and marks the beginning of a new era for an emerging Web3 ecosystem.

    Subscribe to our newsletter

    The best articles of the week, directly delivered into your mailbox.

    Legal clarity and sandbox approach

    With the new legislation, crypto activities in Vietnam are moving out of the legal grey area. Digital assets will now be officially regulated, with clear licensing requirements for exchanges, wallets, and token issuers

    The plan also includes a sandbox mechanism to enable controlled experiments in financial centers like Ho Chi Minh City and Da Nang. Robust AML and cybersecurity policies are expected to strengthen Vietnam’s standing with the FATF.

    Ray Dalio advises 10 to 15% gold and a small Bitcoin position, because he expects a US debt crisis within about three years. Minds

    Star investor Ray Dalio considers Bitcoin inferior to gold

    Ethereum Foundation researcher Justin Drake calls for Bunker Mode because AI mathematics could break ECDSA before quantum computers do. Background

    Ethereum researcher warns AI could break crypto encryption

    Financial Products

    Memecoins on Robinhood Chain distort tokenized stock prices

    Automated market makers manage liquidity pools like rule-based portfolios, with direct consequences for impermanent loss and hedging. Basics

    Automated market makers as decentralized portfolio managers

    Ray Dalio advises 10 to 15% gold and a small Bitcoin position, because he expects a US debt crisis within about three years. Minds

    Star investor Ray Dalio considers Bitcoin inferior to gold

    Ethereum Foundation researcher Justin Drake calls for Bunker Mode because AI mathematics could break ECDSA before quantum computers do. Background

    Ethereum researcher warns AI could break crypto encryption

    National digital strategy and support for innovation

    The law is part of a broader strategy to position Vietnam as a Web3 and blockchain hub in Southeast Asia by 2030. Planned measures include tax incentives, subsidies, and investments in AI, semiconductors, and digital infrastructure. The goal is to create 20 domestic blockchain brands and three testing centers. At the same time, blockchain technologies are expected to be implemented in sectors such as finance, logistics, and education – supported by government-led training and international cooperation.

    Vietnam’s decision is being closely watched not only regionally but also internationally. At a time when many countries remain hesitant to regulate, Vietnam is sending a clear message: technological openness combined with regulatory structure. This creates an attractive location in Southeast Asia for global crypto projects and investors – with legal certainty, a growing talent pool, and state support.

    Integration with state digital currency in planning

    In addition to legalizing cryptocurrencies, Vietnam is also exploring the development of a state-backed digital currency (CBDC), according to government sources. In the long term, this could be embedded into the new regulatory framework and used alongside private crypto assets for payment transactions. Initial pilot projects in cooperation with the State Bank of Vietnam are already planned under the new law.

    Share. Facebook Twitter LinkedIn Email Telegram WhatsApp

    About the author

    Editorial Office CVJ.CH
    Editorial Office CVJ.CH
    • Website
    • X (Twitter)
    • LinkedIn

    Since 2018, the editorial team at Crypto Valley Journal has been reporting from Zug - the heart of Switzerland’s Crypto Valley - on Bitcoin, cryptocurrency, blockchain, and regulatory developments in digital assets. Behind the publication’s collective editorial voice is a team of writers with backgrounds in financial markets, law, and technology.

    Related Articles

    CVJ Weekly review

    Weekly review: Will Strategy (MSTR) drop out of the MSCI indices?

    MSCI has finalized rules for non-operating companies under which Strategy and Metaplanet could drop out of its global indexes from December.

    MSCI drops Strategy (MSTR) from its global indexes

    Payward is acquiring Lithuania's Saldo Bank, giving the Kraken group an EU banking license with deposit-taking once the deal closes in 2027.

    Kraken parent Payward buys Lithuania’s Saldo Bank

    Comments are closed.

    CVJ Weekly review
    17. October 2026

    Weekly review: Will Strategy (MSTR) drop out of the MSCI indices?

    MSCI has finalized rules for non-operating companies under which Strategy and Metaplanet could drop out of its global indexes from December.
    16. October 2026

    MSCI drops Strategy (MSTR) from its global indexes

    Payward is acquiring Lithuania's Saldo Bank, giving the Kraken group an EU banking license with deposit-taking once the deal closes in 2027.
    15. October 2026

    Kraken parent Payward buys Lithuania’s Saldo Bank

    twitter image button instagram image button linkedin image button youtube image button

    About Crypto Valley Journal
    About Crypto Valley Journal

    On the pulse of the movement

    • Academy
    • Contact
    • Advertising
    • About us
    • Partner
    • Imprint
    • Privacy
    • Disclaimer
    Search
    © 2026 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.