Vietnam officially legalizes cryptocurrency: A turning point for the digital economy
From January 1, 2026, Vietnam has officially registered as the 46th country in the world to recognize the legality of cryptocurrency through the Digital Technology Industry Law. This is an important milestone, taking the market out of the "gray area" and opening a transparent legal corridor. At the dialogue on January 26, representatives of the Vietnam Blockchain Association (VBA) emphasized that legalization not only helps manage effectively but also affirms Vietnam's position – a country that has always been among the leaders in global acceptance of digital assets according to Chainalysis report. #Vietnam
The support from the new legal framework helps transactions become formal, attracting a huge capital flow estimated at 220 billion USD. Accompanying international standards helps protect more than 17 million people who own this asset. The licensing process for domestic exchanges is being vigorously implemented, with pioneering units like Techcombank having completed their documentation. This helps prevent risks related to data security violations and ensures investor rights. When the tax rate of 0.1% is applied from 2026, the market will officially operate under strict supervision, creating a stable source of revenue for the state budget and promoting innovation in the fintech sector. $BTC
