Vietnam has officially included encryption assets under regulation through the "Digital Technology Industry Law."

CoinVoice has learned that, according to Cointelegraph, the Vietnamese National Assembly passed the "Law on Digital Technology Industry" on June 14, officially incorporating encryption assets into the national legal regulatory system for the first time. The law will take effect on January 1, 2026. According to local media reports, the passage of the law not only recognizes the legal status of encryption assets but also paves the way for broader digital innovation nationwide.

The new law classifies digital assets into two categories: virtual assets and encryption assets. Although both rely on encryption or digital technology for verification and transfer, they do not include securities, digital fiat currency, or other financial instruments. The government will next be responsible for establishing relevant operating conditions, classification standards, and regulatory mechanisms.

The law also requires that encryption asset activities must comply with international standards such as cybersecurity and anti-money laundering (AML), clearly in response to the Financial Action Task Force (FATF)'s regulatory concerns regarding Vietnam. Since 2023, Vietnam has been on FATF's "grey list."