Vietnam has officially legalized cryptocurrency, marking a major milestone for one of Asia’s fastest-growing digital economies. The Vietnamese Ministry of Justice confirmed that digital assets, including crypto, now fall under the legal definition of property and are protected under civil law.
This move aligns Vietnam with a wave of progressive regulation seen across Asia, and sets the stage for broader Web3 adoption, investment frameworks, and legal protection for crypto holders.
According to The Investor, the new legal status allows cryptocurrencies to be included in contracts, transactions, and dispute resolutions, giving blockchain-based assets new legitimacy in business and finance.As Vietnam ramps up its digital economy ambitions, crypto may soon become a core pillar of its fintech innovation strategy
