Viet Nam ranks 7th in number of crypto asset holders globally

As of 2025, the Southeast Asian nation ranks among the top seven countries globally in terms of the number of crypto asset holders.

Data published by international organizations indicates that approximately 17 million Vietnamese people currently own crypto assets, with that number peaking at 21 million at certain points.

According to blockchain analytics firm Chainalysis, the value of cryptocurrency transactions in Viet Nam was estimated at US$220-230 billion during the period from July 2024 to June 2025, averaging more than US$600 million per day.

This figure also places Viet Nam among the three largest cryptocurrency markets in the Asia-Pacific region, behind only India and South Korea, while accounting for nearly 10 percent of the region's total transaction value. Cryptocurrencies are increasingly used in activities such as remittances, gaming, and savings.

The National Assembly passed the Law on Digital Technology Industry, which took effect on January 1, 2026.

For the first time, digital assets are brought under the scope of legal regulation, creating a foundation for tax authorities to develop appropriate management policies.

At the same time, the Government's Resolution No. 05, allowing a five-year pilot program for the issuance and trading of crypto assets, is expected to open up new directions for market development./.