Vietnam Legalizes Crypto, $105 Billion Inflows Expected

Generated by AI AgentCoin World
Monday, Jun 16, 2025 9:44 am ET2min read

Vietnam has made a significant move in the cryptocurrency landscape by legalizing digital assets, a decision that could have far-reaching implications for the global crypto economy. On June 14, 2025, Vietnam passed its Law on Digital Technology Industry, which will take effect on January 1, 2026. This law categorizes crypto as a distinct, regulated asset class, providing much-needed stability and boosting investor confidence. The law affects 17 million crypto holders and $105 billion in inflows over 2023–24, signaling a national pivot toward a tech-first economy.

Vietnam’s approach goes beyond mere legalization. The law introduces incentives such as tax breaks, research and development support, and land-use benefits for sectors like artificial intelligence and blockchain infrastructure. This comprehensive framework is designed to foster innovation and attract investment, positioning Vietnam as a leader in the digital technology industry.

Pakistan followed Vietnam’s lead on June 15, 2025, when Michael Saylor engaged with Pakistan’s finance leadership to champion Bitcoin as a sovereign reserve asset. Pakistan launched the Pakistan Crypto Council in March 2025, developing frameworks and planning a national Bitcoin reserve, along with crypto mining infrastructure. This strategic pivot by Pakistan reflects a growing trend among emerging economies to leverage digital assets for economic growth and innovation.

The moves by Vietnam and Pakistan demonstrate a greater appetite for crypto’s revolutionary potential. These countries are pushing the limits of crypto’s potential in ways that could send leading altcoins soaring. As global adoption of cryptocurrencies grows, top altcoins like Bitcoin Hyper, Uniswap, and Snorter Token could see significant gains.

Bitcoin Hyper ($HYPER) is a Layer 2 solution built on top of Bitcoin, leveraging the Bitcoin

Program on the Solana Virtual Machine (SVM) to verify Bitcoin block headers and transaction proofs. This innovation allows for lightning-fast transaction resolution and the ability to build out an entire DeFi ecosystem on Bitcoin. With $HYPER tokens currently priced at $0.0119 and $1.3 million raised in the presale so far, there is growing interest in this Layer 2 solution.

Uniswap ($UNI) is a leading decentralized exchange (DEX) with over $1.78 billion traded in the past 24 hours and a market cap of $4.91 billion. The token trades well below its all-time high of $44.97, but its inclusion in the US Digital Assets Stockpile and involvement in talks with the US Congress over pending legislation and decentralized finance could position it for significant growth. As global shifts towards more formal, organized crypto frameworks continue, $UNI might be ready to make big moves.

Snorter Token ($SNORT) is designed to dominate the new world of Solana meme coins with the Snorter Bot, which sniffs out the best trading opportunities and helps traders stay safe from rug pulls and honeypots. The $SNORT token facilitates lightning-fast swapping with the lowest fees possible on Solana. As DeFi grows alongside crypto adoption, tokens like $SNORT could see rapid investor interest, with the presale having already raised over $1 million.

As countries like Vietnam and Pakistan take the lead in embracing crypto, the message is clear: digital assets are no longer just speculative tools but strategic economic levers. Whether it’s foundational DeFi tokens like Uniswap, revolutionary Layer-2s like Bitcoin Hyper, or cutting-edge trading tools like Snorter Token, the next wave of growth in the crypto economy could be driven by these emerging markets. However, it is important to note that crypto is volatile, and this analysis is not financial advice. Investors should conduct their own research before making any investment decisions.