Legal Framework for Digital Assets in Vietnam

Vietnam's crypto market is entering a new phase of regulatory development.

With annual trading volumes estimated at USD 220–230 billion, the market has long been characterised by strong adoption but limited regulatory certainty. Recent legislative and regulatory developments are beginning to address this gap and establish a clearer framework for digital assets and crypto-related activities in Vietnam.

In our latest article, we examine:

• Recognition of digital assets as property under the Law on Digital Technology Industry
• The pilot regime for crypto asset issuance and trading under Resolution No. 05
• Conditions for obtaining a Crypto Exchange Licence and the shortlisted applicants
• Administrative sanctions introduced under Decree No. 284
• Sandbox mechanisms in Da Nang and the International Financial Centres

Download the article here.