Vietnam is taking a significant step to adopt the future of the cryptographic network, Coins, Picoin, Web3 and Pi with its first law of the digital technology industry, indicating a turning point for the country’s digital financial landscape. Dr. Jeff Nijsse, a professor at the University of Rmit and cryptocurrency expert, has highlighted how this legislation could open a new path for digital finances in Vietnam, with implications for the enthusiasts of the block chain, developers and especially the community of PI networks in rapid growth.
Vietnam digital jump forward
Vietnam’s proactive position towards digital technologies has positioned it as a leader in the Southeast Asian technological adoption career. With more than 97 million people, a young technology expert population and a high intelligent phones penetration rate, Vietnam presents fertile land for blockchain innovation and cryptography.
The introduction of the Digital Technology Industry Law means the intention of the Government to provide a structured framework for blockchain and cryptographic activities. It goes beyond speculation to recognize cryptography as a component of the broader digital economy strategy of Vietnam, aligning with global digital transformation trends while addressing the local needs of transparency and innovation.
Why this law is important for the crypto and pi
For the cryptographic community and blockchain, legal clarity is critical of promoting growth, attracting investments and allowing innovation. By recognizing and legalizing the use of cryptocurrencies under a clear regulatory framework, Vietnam is preparing the stage for:
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Greater adoption: Legitiming Crypto allows companies and individuals to integrate digital currencies into their operations with confidence.
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Innovation in financial services: Encourages new companies and developers to build blockchain -based solutions that address real world challenges.
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Alignment with global trends: The Vietnam movement places it together with other nations taking measures to regulate cryptography, promoting global connectivity for digital trade.
For Pi Network and its growing user base, this legislation could be transformative. With Pi Network’s mission to create the world’s largest cryptographic social economy, Vietnam’s legalization offers the opportunity to integrate Pi Coin into real world trade within a regulatory support environment.
The perspective of Dr. Jeff Nijsse
Dr. Jeff Nijsse emphasizes that Vietnam’s new law demonstrates a willingness to adopt the future of finance. According to him, this legislative step can help the transition from the cryptography of speculative trade to cases of functional use, integrating Blockchain technology within everyday transactions and commercial operations.
Its analysis emphasizes that, although many countries remain cautious or impose restrictions, Vietnam’s proactive approach can make it a center for cryptographic innovation in Asia. This can attract developers to build DAPPS, companies to accept cryptographic payments and local communities to explore new financial opportunities within a regulated environment.
💼💼💼 Pi netions of the net: legalization of cryptocurrencies: a turning point for the digital future of Vietnam “
Dr. Jeff Nijsse, Professor of the University of RIT and cryptocurrency expert, explains why the first law of the Vietnam digital technology industry is opening a new route for digital … pic.twitter.com/x9krhkshxt
-Jojo -Ï€ (@jojo102102) July 11, 2025
OPPORTUNITIES FOR THE PI NETWORK
For the Pi Network community, which includes millions of pioneers worldwide, the Vietnam movement opens roads to accelerate the useful use of the real world of Pi Coin. As PI Network continues to transition from mining to development focused on public services, the legal clarity of Vietnam:
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Allow companies to accept PI COIN as payment for goods and services.
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It supports the development of applications with PI by local developers without fear of regulatory repercussions.
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Foster associations with local companies that seek to take advantage of the PI currency for client participation and loyalty programs.
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Empower pioneers in Vietnam to make transactions, trade and build using the PI currency within a legally recognized frame.
This environment can turn Vietnam into a test field for the expansion of the Network Pi ecosystem, demonstrating how Crypto and Blockchain can improve economic activity in emerging markets.
Web3 integration and the way ahead
The legal framework of Vietnam is also crucial for the broader development of web3 in the region. By recognizing Crypto and Blockchain within his legal system, Vietnam is positioning himself for:
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Enable decentralized finance projects (DEFI) that offer alternative financial solutions.
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Promote the creation of decentralized autonomous organizations (DAO) to allow the transparent community government.
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Promote the development of decentralized applications that take advantage of Blockchain’s benefits in areas such as supply chain, health and education.
For Pi Network, whose mission is aligned with the decentralization and empowerment of people within the digital economy, Vietnam’s web hug is appropriate. It allows PI Network to collaborate with local innovators, establish ecosystem associations and demonstrate how Crypto can serve as a tool for social and economic empowerment.
Challenges and considerations
While the legalization of cryptography in Vietnam is a positive step, it comes with challenges:
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Regulatory frameworks must be clear and adaptable to evolving technologies.
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It is necessary to address concerns about fraud, scams and financial security.
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Educating the population about safe cryptographic practices is essential to avoid misuse.
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Balancing innovation with consumer protection will be critical as adoption scales.
PI Network, known for prioritizing community education and security, can contribute to this environment by promoting safe cryptographic practices, emphasizing the security of passes phrase and educating the pioneers on how to interact with the PI currency in a responsible manner.
The biggest image: Southeast Asia as an encryption concentrator
Vietnam’s progressive posture reflects a broader trend in Southeast Asia, where countries like Thailand, Philippines and Singapore are exploring the potential of the crypto to transform financial systems. As heavy economies of remittances with digitally connected young populations, these countries can significantly benefit from blockchain efficiencies.
Vietnam’s step forward can encourage regional collaborations and the establishment of standards in Southeast Asia, which makes it easier for projects such as PI Network to operate without problems through borders, while training millions of users in the region.
Conclusion: A moment of milestone for crypto, coins, peak, web3 and pi network
The legalization of cryptocurrencies under the Vietnam digital technology industry is a milestone not only for Vietnam but also for the global cryptography community. It shows how governments can provide regulatory clarity while promoting innovation and economic growth.
For Pi Network, this represents an opportunity to accelerate its mission in Vietnam, turning the pi currency of an asset mining into a tool for daily transactions, community construction and ecosystem development. As the pioneers, developers and companies in Vietnam get involved with Pi Coin under this new framework, will contribute to the useful of the real world that the white paper of the Pi network emphasizes as the source of the true value of Pi.
As Vietnam passes with confidence in the future of digital finances, it aligns with the vision shared by cryptographic enthusiasts worldwide: a world where decentralized technologies enhance people, strengthen economies and create a fairer and more efficient financial system.
The PI network revolution is not a distant dream. With future thinking policies and projects promoted by the community, the future of cryptography is now developing. The Vietnam movement establishes a precedent on how nations can responsibly adopt the cryptography wave, and for the PI network, it is a green light to advance in its mission of building the largest cryptographic social economy in the world.
Writer
@Ellena
Ellena is an experienced cryptographic writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides information about the latest trends and innovations in the currency space.
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