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Tuesday, July 22, 2025
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Sumsub Hosts Vietnamese Delegation for Roundtable on Digital Asset Regulation

Sumsub Vietnamese Digital Asset discussions took place at the company’s London HQ, where a Vietnamese delegation explored regulatory insights from the UK, EU, Dubai and ASEAN. This roundtable backs Vietnam’s 2025 law that will officially recognise digital assets and speed up financial innovation.

The delegation included representatives from key Vietnamese institutions such as the Government Office, State Bank of Vietnam, Supreme People’s Court of Vietnam, Ministry of Justice, and Da Nang City’s Department of Finance.

The roundtable reinforces Sumsub’s ongoing commitment to collaborating closely with policymakers and regulators to shape emerging digital asset frameworks worldwide. It comes at a pivotal moment for Vietnam, following the country’s landmark legislation passed in June 2025 to formally recognize digital assets under a new legal framework aimed at supporting its digital transformation agenda. 

The law, set to take effect on January 1, 2026, introduces regulatory clarity for virtual and digital assets and includes broader provisions to foster innovation, encourage responsible experimentation, and accelerate the growth of digital infrastructure and talent development.

The event was also attended by representatives from the British Consulate General in Ho Chi Minh City (HCMC) and global technology company Wise. 

“It was an honor to welcome such a distinguished delegation to our London office. We’ve spent the last ten years helping businesses across the globe navigate complex compliance requirements, and what’s clear is that collaboration between governments and the private sector is essential to building secure and inclusive digital ecosystems,” said Kat Cloud, Head of Government Relations at Sumsub. “We actively engage with policymakers to help shape practical, forward-looking regulatory frameworks that support responsible innovation, including here in Vietnam’s rapidly evolving digital asset landscape. We’re proud to contribute our experience to support these efforts.”

Sumsub is in discussions to organize a follow-up seminar in Hanoi, working alongside additional ecosystem partners to strengthen public-private cooperation on emerging digital asset frameworks in the region. The company aims to support regulatory dialogue and welcomes further engagement with the Vietnamese government, including participation in future conferences or seminars focused on digital assets and related financial services.

By advancing the Sumsub Vietnamese Digital Asset agenda, the company helps Vietnam’s efforts to make rules clearer and promote responsible growth in digital finance.

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