Latest Update on Digital Asset (Crypto) Regulations in Vietnam After July 1, 2026

1. Official Legal Framework Now in Effect
Digital Technology Industry Law 2025: Effective from January 1, 2026 → Digital assets (including crypto assets) are officially recognized as property under the Civil Code.
🔹Definition: Digital data created, stored, and transferred using digital technology (blockchain…).
🔹Classification: Virtual assets, crypto assets, and other digital assets.
Meaning: Moving from a "gray area" to legality, can be used for investment, exchange, inheritance, capital contribution…
2. Tax – The Most Important Point Everyone Needs to Note From July 1, 2026
Personal Income Tax Law (amended) + Circular 32/2026/TT-BTC (effective March 27, 2026):
🔹Individuals (resident & non-resident): Tax of 0.1% on the transfer value per transaction when selling/transferring crypto assets.
🔹No deduction of purchase costs.
🔹Not subject to VAT.
How to pay:
🔹Via licensed Vietnamese exchanges → The exchange automatically withholds and pays on your behalf (Circular 41/2026/TT-BTC).
🔹On international exchanges or P2P → You must self-declare and pay according to normal PIT regulations.
Taxable transactions:
🔹Spot selling, cash-out to VND.
🔹Crypto-to-crypto transfers (based on transaction value).
🔹Futures/derivatives & staking: No detailed guidance yet (stay tuned).
3. Exchanges & Practical Trading
Currently (July 2026): No VASP exchange has been officially licensed. Expected in Q3 2026.
After exchanges become available (after the first 6 months of VASP operation):
🔹Trading must be done through licensed Vietnamese exchanges.
🔹You can still keep personal wallets and assets on international exchanges (no penalty if just holding).
🔹Trading outside Vietnamese exchanges may be penalized.
4. Asset Declaration
Decree 164/2026/NĐ-CP (effective July 1, 2026): Digital assets ≥ 150 million VND must be declared as assets and income (applies to those with declaration obligations).
Summary of What Everyone Needs to Do Now
🔹Keep complete records of transaction history (buy/sell, wallets, values) for tax declaration.
🔹Prepare to gradually move to Vietnamese exchanges when available (for easier compliance and safety).
🔹Monitor: SSC (State Securities Commission), Ministry of Finance, and upcoming licensed exchanges.
🔹Risk: International exchange trading is still possible, but you must take responsibility for taxes and may be audited later.
Conclusion: After July 1, 2026, the Vietnamese crypto market officially enters a phase with law – tax – regulation. This is a major step toward transparency and investor protection, but also requires everyone to comply more strictly.
Main sources: Digital Technology Industry Law 2025, Decree 164/2026/NĐ-CP, Circulars 32 & 41/2026/TT-BTC, Resolution 05/2025/NQ-CP (updated to July 2, 2026).
Follow the latest documents on to avoid unnecessary risks.
Wishing everyone safe trading and good compliance! 🚀