Vietnam Makes History: Bitcoin and Crypto Assets Officially Legalized in Groundbreaking Move

Vietnam just flipped the script on traditional finance—lawmakers greenlit full legalization of Bitcoin and crypto assets today.

From gray zone to mainstream

The National Assembly voted overwhelmingly to recognize digital assets as legal tender, bypassing years of regulatory limbo. No more side-eyes from banks when settling invoices in BTC.

The fine print

Exchanges must now register with Vietnam’s State Securities Commission (take notes, FTX alumni). Capital gains tax? TBD—because what’s crypto regulation without a little creative ambiguity?

Wall Street’s worst nightmare

While hedge funds still debate ‘digital gold’ narratives, Vietnam’s street markets might beat them to real-world adoption. Pho shops accepting Lightning payments by 2026? Don’t bet against it.

*Closing thought: Another country embraces crypto while legacy finance argues about ‘valuation frameworks.’ Tick-tock, bankers.*