Vietnam's National Assembly has passed the Law on Digital Technology Industry, officially recognizing cryptocurrency as legal property under civil law. Effective January 1, 2026, the legislation categorizes digital assets into 'virtual assets' and 'crypto assets,' excluding securities and digital fiat. This move aims to align with international standards and remove Vietnam from the FATF gray list. Historically restrictive, Vietnam's new law reflects a strategic shift towards embracing digital economic opportunities, with 20.95% of its population holding crypto assets.