According to reliable sources, the National Assembly of Vietnam officially approved the "Digital Technology Industry Law" on June 14, marking the country's first formal inclusion of encryption assets into the national legal regulatory framework. This new law will take effect on January 1, 2026. According to local media reports in Vietnam, this move not only provides a clear legal status for encryption assets but also creates a favorable environment for the development of digital innovation across the country.

This innovative law clearly categorizes digital assets into two categories: virtual assets and encryption assets. Although both types of assets rely on encryption or digital technologies for validation and transfer, the bill explicitly excludes securities, digital legal currencies, and other financial instruments. Next, the Vietnamese government will be responsible for formulating detailed operating conditions, classification standards, and specific regulatory measures.

It is worth noting that the new law stipulates that activities related to encryption assets must strictly comply with international standards and regulations such as cybersecurity and anti-money laundering ( AML ). This requirement is clearly a response to the Financial Action Task Force ( FATF )'s regulatory concerns regarding Vietnam. Since 2023, Vietnam has been on the "grey list" of FATF.