Search
Close this search box.

Country Alerts

Are Cryptocurrencies Considered Assets under Vietnamese Laws? Insights from Interpretations of the Authorities and Courts

CountryAlertphoto4

By INDOCHINE COUNSEL

Key Takeaways:

▪ Vietnamese laws are currently silent on whether digital assets including cryptocurrencies are lawful assets.
▪ Authorities express their own views on the legality of cryptocurrencies and their related transactions.
▪ Court judgments also differ, adding more obscurity to the status of cryptocurrencies.
▪ Investors should be cautious in engaging in digital asset-related transactions in Vietnam.

Country Alerts

Search
Close this search box.