Vietnam Legalizes Bitcoin, Boosts Digital Economy

Vietnam’s National Assembly has passed the Law on Digital Technology Industry, set to take effect on January 1, 2026, legalizing crypto assets like Bitcoin. The law categorizes digital assets into virtual assets (e.g., in-game tokens) and crypto assets (e.g., Bitcoin) and is part of a broader push to advance Vietnam’s digital economy. By establishing clear regulations, Vietnam aims to attract tech talent and investment while solidifying its position as a Southeast Asian tech hub. The move aligns with global trends of increasing crypto adoption and regulatory clarity, with Bitcoin’s price reflecting positive market sentiment. The law also supports AI, semiconductors, and digital infrastructure, signaling Vietnam’s long-term tech ambitions.

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