Vietnam has passed a sweeping Digital Technology Industry Law that, for the first time, sets firm rules for cryptocurrencies and other virtual assets.
Slated to take effect in January 2026, the statute splits digital value into two buckets:
The government will finalize definitions, licensing standards, and oversight mechanisms, while regulators must enforce robust anti-money-laundering and counter-terror financing safeguards.
The bill goes beyond crypto. It earmarks incentives for companies working in artificial intelligence, semiconductors, and advanced manufacturing—offering R&D grants, talent programs, and shared infrastructure to accelerate Vietnam’s digital economy. The country already ranks fifth globally for crypto adoption, according to Chainalysis; officials hope a clear rulebook will draw fresh capital and place Vietnam alongside regional leaders such as Singapore.
The move follows the finance ministry’s pilot of a state-backed trading platform developed with exchange operator Bybit, signaling Hanoi’s intent to blend innovation with regulation as the sector matures.
Gemini and Coinbase are reportedly on the verge of securing operational licenses in the European Union, signaling a major step forward in their international growth plans.
A pivotal vote in the U.S. Senate could soon reshape how stablecoins are regulated, as lawmakers prepare to decide the fate of the GENIUS Act—a bill that’s been in negotiation for weeks.
Connecticut has made a clear move to keep digital assets out of government affairs.
Brian Quintenz, President Trump’s selection to chair the Commodity Futures Trading Commission (CFTC), sees blockchain as a transformative force far beyond just finance.