HANOI — Vietnam has officially passed the Digital Technology Industry Law, making history as the first Southeast Asian nation to legally recognize cryptocurrencies and digital assets. Effective January 1, 2026, this groundbreaking legislation establishes Vietnam as a regional leader in blockchain innovation and solidifies Pi Network's role in shaping Asia’s digital economy.
Vietnam’s Landmark Crypto Legislation
On June 14, 2025, Vietnam’s National Assembly voted overwhelmingly (441 out of 445 members) to pass the law, ending years of regulatory ambiguity. The legislation categorizes digital assets into three distinct groups:
- Cryptocurrencies (e.g., Bitcoin, Pi Coin)
- Virtual assets (investment/exchange-focused tokens)
- Other electronic assets (emerging digital technologies)
Notably, the law excludes traditional financial instruments like fiat currencies and securities from its definition of digital assets.
👉 How Pi Network is transforming Vietnam’s crypto landscape
Vietnam’s Roadmap to a Digital Economy
This law aligns with Vietnam’s ambitious 2035 Digital Economy Vision, which includes:
- Supporting 150,000 digital enterprises via tax incentives and infrastructure funding
- Attracting investments exceeding $80 million** in data centers and **$160 million in semiconductor manufacturing
- Reforming education to prioritize blockchain, AI, and emerging tech skills
| Key Initiative | Target |
|---------------|--------|
| Digital Businesses | 150,000 by 2035 |
| Blockchain Adoption | Nationwide integration |
| Foreign Investment | $80M+ for tech projects |
Why Pi Network Is Vietnam’s Crypto Frontrunner
Vietnam hosts over 50% of Pi Network’s global nodes, making it the project’s operational hub. With legal clarity, Pi Network is poised to:
- Expand partnerships with businesses and fintech platforms
- Drive real-world utility for payments, DeFi, and supply chains
- Restore trust post-scams (e.g., BitMiner, MTC) through compliant operations
👉 Discover Pi Network’s role in Vietnam’s blockchain boom
Consumer Protection and Market Growth
The law enforces strict anti-money laundering (AML) and consumer protection measures, addressing past vulnerabilities. This framework aims to:
- Attract institutional investors
- Boost public confidence in crypto
- Position Vietnam as a top Asian crypto hub
Global Implications and Economic Potential
Vietnam’s regulatory model could inspire neighboring countries, while Pi Network’s ecosystem benefits from:
- Mass adoption for everyday transactions
- Supply chain innovations in agriculture and manufacturing
- Cross-border remittance solutions
FAQs
Q: When does Vietnam’s crypto law take effect?
A: January 1, 2026.
Q: How does Pi Network benefit from this law?
A: Legal recognition accelerates partnerships and mainstream adoption.
Q: What safeguards are in place for investors?
A: AML compliance and consumer protection laws mitigate risks.
Q: Will Pi Coin be used for payments in Vietnam?
A: Yes, businesses are integrating Pi for goods/services.
Conclusion
Vietnam’s Digital Technology Industry Law marks a pivotal shift toward a regulated, innovation-driven crypto economy. Pi Network’s decentralized infrastructure and community-centric model position it as a catalyst for Vietnam’s—and Asia’s—digital revolution.
By embracing blockchain transparency and utility, Vietnam is not just adopting crypto but redefining its economic future.