Vietnam Officially Recognizes Crypto Assets as “Property” Protected by Civil Law
Vietnam is officially leaving behind the cryptocurrency gray zone, inaugurating a regulated crypto asset pilot market and a new administrative penalty system in September 2026. According to reports, the local government is actively guiding its massive retail market toward formal compliance. Vietnam crypto exchange
Legal Status & Pilot Launch
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Enactment of the Law on Digital Technology Industry: Legally recognizes the status of crypto assets starting January 2026.
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Q3 Pilot Launch: The first regulated crypto asset market is set to launch as early as Q3 2026.
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Pressure to Exit the FATF Grey List: To satisfy Financial Action Task Force (FATF) requirements, Vietnam issued Government Resolutions/Decrees No. 05 and No. 284, establishing a 5-year controlled pilot framework to combat money laundering and capital flight.
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Preparation for Local Exchanges: Five enterprises have passed the preliminary qualification assessment, with a capital threshold of 10 trillion VND.
Penalties & Compliance Requirements
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Entry into Force of New Regulations: Decree No. 284/2026/ND-CP on administrative penalties took effect on September 1.
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Fines for Unlicensed Activity: Trading on unlicensed platforms will incur fines ranging from 30 million to 50 million VND.
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Transition Period Restriction: Domestic investors must transfer their assets to licensed platforms within 6 months after licenses are issued.
Taxation & Real World Asset (RWA) Tokenization
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Implementation of Transaction Taxes: Individual retail investors face a proposed fixed tax rate of 0.1% per transaction amount (exempt from VAT); institutional investors will be taxed a 20% corporate income tax on net profits after deducting costs.
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Asset Tokenization: Promoting the tokenization of real-world assets such as real estate and renewable energy to attract global capital.