{"id":8117,"date":"2026-04-05T20:45:39","date_gmt":"2026-04-06T03:45:39","guid":{"rendered":"https:\/\/ketoan.man.net.vn\/?p=8117"},"modified":"2026-04-05T20:45:39","modified_gmt":"2026-04-06T03:45:39","slug":"thong-tu-15-2026-tt-btc-tai-san-ma-hoa","status":"publish","type":"post","link":"https:\/\/ketoan.man.net.vn\/en\/thong-tu-15-2026-tt-btc-tai-san-ma-hoa\/","title":{"rendered":"Circular 15\/2026\/TT-BTC: Guidance on accounting principles for coded assets"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">In the context of the rapidly shifting global digital economy, managing and accounting for new asset classes such as crypto assets has become a pressing requirement. On March 4, 2026, the Ministry of Finance officially issued regulations on this matter. <\/span><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/luatvietnam.vn\/tai-chinh\/thong-tu-15-2026-tt-btc-huong-dan-ke-toan-cho-to-chuc-thi-truong-tai-san-ma-hoa-427795-d1.html\" target=\"_blank\" rel=\"noopener\">Circular 15\/2026\/TT-BTC<\/a><\/span><\/strong><span style=\"font-weight: 400;\"> This document aims to guide accounting principles for organizations participating in the cryptocurrency market in Vietnam. It is considered a foundational legal document, helping businesses and financial institutions standardize their bookkeeping and financial reporting processes during this crucial pilot phase.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_88 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Index<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/ketoan.man.net.vn\/en\/thong-tu-15-2026-tt-btc-tai-san-ma-hoa\/#Tong_quan_ve_Thong_tu_152026TT-BTC\" >Overview of Circular 15\/2026\/TT-BTC<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/ketoan.man.net.vn\/en\/thong-tu-15-2026-tt-btc-tai-san-ma-hoa\/#Pham_vi_dieu_chinh_va_Doi_tuong_ap_dung_theo_Thong_tu_152026TT-BTC\" >Scope of regulation and subjects of application as per Circular 15\/2026\/TT-BTC<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/ketoan.man.net.vn\/en\/thong-tu-15-2026-tt-btc-tai-san-ma-hoa\/#Pham_vi_dieu_chinh\" >Scope of regulation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/ketoan.man.net.vn\/en\/thong-tu-15-2026-tt-btc-tai-san-ma-hoa\/#Doi_tuong_ap_dung\" >Applicable objects<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/ketoan.man.net.vn\/en\/thong-tu-15-2026-tt-btc-tai-san-ma-hoa\/#Nguyen_tac_hach_toan_chung_theo_quy_dinh_moi\" >General accounting principles under the new regulations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/ketoan.man.net.vn\/en\/thong-tu-15-2026-tt-btc-tai-san-ma-hoa\/#Huong_dan_ke_toan_chi_tiet_cho_To_chuc_cung_cap_dich_vu_VASP\" >Detailed accounting guidelines for Vietnam Service Providers (VASPs)<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/ketoan.man.net.vn\/en\/thong-tu-15-2026-tt-btc-tai-san-ma-hoa\/#Ghi_nhan_doanh_thu_Tai_khoan_511\" >Record revenue (Account 511)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/ketoan.man.net.vn\/en\/thong-tu-15-2026-tt-btc-tai-san-ma-hoa\/#Quan_ly_tach_biet_tai_san\" >Separate asset management<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/ketoan.man.net.vn\/en\/thong-tu-15-2026-tt-btc-tai-san-ma-hoa\/#Quan_ly_no_phai_thu_va_du_phong\" >Accounts receivable management and provisions<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/ketoan.man.net.vn\/en\/thong-tu-15-2026-tt-btc-tai-san-ma-hoa\/#Ke_toan_doi_voi_To_chuc_phat_hanh_tai_san_ma_hoa\" >Accounting for Issuers of Crypto Assets<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/ketoan.man.net.vn\/en\/thong-tu-15-2026-tt-btc-tai-san-ma-hoa\/#Huong_dan_doi_voi_Nha_dau_tu_la_to_chuc\" >Guidelines for Institutional Investors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/ketoan.man.net.vn\/en\/thong-tu-15-2026-tt-btc-tai-san-ma-hoa\/#Phan_tich_tac_dong_va_Thach_thuc_thuc_thi_Thong_tu_152026TT-BTC\" >Analysis of the Impacts and Implementation Challenges of Circular 15\/2026\/TT-BTC<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/ketoan.man.net.vn\/en\/thong-tu-15-2026-tt-btc-tai-san-ma-hoa\/#Tac_dong_tich_cuc\" >Positive impact<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/ketoan.man.net.vn\/en\/thong-tu-15-2026-tt-btc-tai-san-ma-hoa\/#Thach_thuc_doi_voi_bo_phan_ke_toan\" >Challenges for the accounting department<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/ketoan.man.net.vn\/en\/thong-tu-15-2026-tt-btc-tai-san-ma-hoa\/#Ket_luan_va_khuyen_nghi\" >Conclusion and recommendations\u00a0<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/ketoan.man.net.vn\/en\/thong-tu-15-2026-tt-btc-tai-san-ma-hoa\/#Thong_tin_lien_he_MAN_%E2%80%93_Master_Accountant_Network\" >Contact information MAN \u2013 Master Accountant Network<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/ketoan.man.net.vn\/en\/thong-tu-15-2026-tt-btc-tai-san-ma-hoa\/#Giai_dap_thac_mac_ve_Thong_tu_152026TT-BTC\" >Frequently Asked Questions about Circular 15\/2026\/TT-BTC\u00a0<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Tong_quan_ve_Thong_tu_152026TT-BTC\"><\/span><b>Overview of Circular 15\/2026\/TT-BTC<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The issuance of Circular 15\/2026\/TT-BTC is not accidental but the result of a thorough preparation process by the Government and the Ministry of Finance. This document specifies the contents stipulated in Resolution No. 05\/2025\/NQ-CP dated September 9, 2025, on the pilot implementation of the cryptocurrency market in Vietnam.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Key legal information:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Circular No.: 15\/2026\/TT-BTC<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Date of issue: March 4, 2026<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Issuing authority: Ministry of Finance<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Signed by: Deputy Minister Nguyen Duc Tam<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Effective date: This Circular takes effect from the date of signing (March 4, 2026) and will immediately apply to the 2026 accounting year.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The issuance of Circular 15\/2026\/TT-BTC is based on important grounds such as:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Accounting Law No. 88\/2015\/QH13 (amended by Law No. 56\/2024\/QH15).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Law on Industry and Technology No. 71\/2025\/QH15.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Resolution No. 57-NQ\/TW dated December 22, 2024, on breakthroughs in national science, technology development and digital transformation.<\/span><\/li>\n<\/ul>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Pham_vi_dieu_chinh_va_Doi_tuong_ap_dung_theo_Thong_tu_152026TT-BTC\"><\/span><b>Scope of regulation and subjects of application as per Circular 15\/2026\/TT-BTC<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure id=\"attachment_8120\" aria-describedby=\"caption-attachment-8120\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-8120\" src=\"https:\/\/ketoan.man.net.vn\/wp-content\/uploads\/2026\/04\/Pham-vi-dieu-chinh-va-Doi-tuong-ap-dung-theo-Thong-tu-15_2026_TT-BTC.jpg\" alt=\"Ph\u1ea1m vi \u0111i\u1ec1u ch\u1ec9nh v\u00e0 \u0110\u1ed1i t\u01b0\u1ee3ng \u00e1p d\u1ee5ng theo Th\u00f4ng t\u01b0 15\/2026\/TT-BTC\" width=\"1200\" height=\"675\" srcset=\"https:\/\/ketoan.man.net.vn\/wp-content\/uploads\/2026\/04\/Pham-vi-dieu-chinh-va-Doi-tuong-ap-dung-theo-Thong-tu-15_2026_TT-BTC.jpg 1200w, https:\/\/ketoan.man.net.vn\/wp-content\/uploads\/2026\/04\/Pham-vi-dieu-chinh-va-Doi-tuong-ap-dung-theo-Thong-tu-15_2026_TT-BTC-300x169.jpg 300w, https:\/\/ketoan.man.net.vn\/wp-content\/uploads\/2026\/04\/Pham-vi-dieu-chinh-va-Doi-tuong-ap-dung-theo-Thong-tu-15_2026_TT-BTC-1024x576.jpg 1024w, https:\/\/ketoan.man.net.vn\/wp-content\/uploads\/2026\/04\/Pham-vi-dieu-chinh-va-Doi-tuong-ap-dung-theo-Thong-tu-15_2026_TT-BTC-768x432.jpg 768w, https:\/\/ketoan.man.net.vn\/wp-content\/uploads\/2026\/04\/Pham-vi-dieu-chinh-va-Doi-tuong-ap-dung-theo-Thong-tu-15_2026_TT-BTC-18x10.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-8120\" class=\"wp-caption-text\">Scope of regulation and subjects of application as per Circular 15\/2026\/TT-BTC<\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">One of the first points to note is the scope of this document. Circular 15\/2026\/TT-BTC focuses on guiding the principles of accounting, bookkeeping, and presentation of financial statements.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Pham_vi_dieu_chinh\"><\/span><b>Scope of regulation<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Circular 15\/2026\/TT-BTC provides guidance on accounting principles for organizations participating in the market during the pilot implementation period. However, an important clause in Article 1 emphasizes that this Circular does not apply to determining the tax obligations of organizations to the State Budget. Businesses need to clearly distinguish between accounting and taxation to avoid errors during the year-end settlement process.<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Doi_tuong_ap_dung\"><\/span><b>Applicable objects<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">This document is addressed to three main groups of entities established and operating under Vietnamese law:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Cryptocurrency service providers (VASPs): These include exchanges (market organizations), cryptocurrency custodians, and platform issuers.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Cryptocurrency issuers: Businesses that raise capital or issue digital assets (Tokens\/Coins) to the market in accordance with Resolution 05\/2025\/NQ-CP.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Domestic institutional investors: Investment funds, finance companies, or businesses that hold crypto assets as part of their financial investment portfolio.<\/span><\/li>\n<\/ul>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Nguyen_tac_hach_toan_chung_theo_quy_dinh_moi\"><\/span><b>General accounting principles under the new regulations<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">According to Article 4 of Circular 15\/2026\/TT-BTC, participating organizations must fully comply with the Accounting Law and the Enterprise Accounting System issued therewith. <\/span><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/thuvienphapluat.vn\/van-ban\/Doanh-nghiep\/Thong-tu-99-2025-TT-BTC-huong-dan-Che-do-ke-toan-doanh-nghiep-565484.aspx\" target=\"_blank\" rel=\"noopener\">Circular No. 99\/2025\/TT-BTC <\/a><\/span><\/strong><span style=\"font-weight: 400;\">October 27, 2025.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The principle of &quot;Substance over Form&quot; (Article 3) is a core principle emphasized by Circular 15\/2026\/TT-BTC. In cases where there are no specific regulations on technical terminology, accounting must be based on the economic substance of the transaction.<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If the crypto asset is of the nature of goods for sale: Accounting is similar to inventory.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If the crypto asset is a financial instrument: Accounting is similar to that of trading securities or financial investments.<\/span><\/li>\n<\/ul>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Huong_dan_ke_toan_chi_tiet_cho_To_chuc_cung_cap_dich_vu_VASP\"><\/span><b>Detailed accounting guidelines for Vietnam Service Providers (VASPs)<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">For exchange and custody operators, Circular 15\/2026\/TT-BTC sets stringent requirements regarding transparency and asset segregation.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Ghi_nhan_doanh_thu_Tai_khoan_511\"><\/span><b>Record revenue (Account 511)<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">These organizations must record revenue from services in the &quot;Revenue from Sales and Services Provided&quot; account. Circular 15\/2026\/TT-BTC requires detailed tracking for each type:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Market organizing services: Order execution fees, withdrawal\/deposit fees.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Custody service: Wallet management fee, cryptocurrency safekeeping fee.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Issuance platform services: Listing fees, issuance advisory fees.<\/span><\/li>\n<\/ul>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Quan_ly_tach_biet_tai_san\"><\/span><b>Separate asset management<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">This is the golden rule of Circular 15\/2026\/TT-BTC. Service providers must:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Manage and account for client crypto assets separately from your own assets.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Customer assets should not be recognized as assets of the organization on the Balance Sheet (except where there are other provisions regarding ownership).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The detailed balances of each customer&#039;s assets must be tracked in the off-balance sheet ledger or intermediate account system as per operational regulations.<\/span><\/li>\n<\/ul>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Quan_ly_no_phai_thu_va_du_phong\"><\/span><b>Accounts receivable management and provisions<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The unit must classify and meticulously track accounts receivable arising from encryption service fees. Provisions for doubtful accounts receivable must be made periodically in accordance with financial laws to ensure capital safety.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Ke_toan_doi_voi_To_chuc_phat_hanh_tai_san_ma_hoa\"><\/span><b>Accounting for Issuers of Crypto Assets<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">When a business issues digital assets, Circular 15\/2026\/TT-BTC requires accounting based on the nature of the obligations arising from the token holders:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">In cases involving capital mobilization: If the issuing entity commits to repaying money or assets in the future (similar to borrowing), the organization must record it in the liabilities accounts (Account 331, 338, or 341 depending on the nature).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">In the case of exchanging tokens for future services: The proceeds from the sale of prepaid tokens will be accounted for as &quot;Unearned Revenue&quot; (Account 3387). This revenue will only be transferred to Account 511 when the actual service has been provided to the token holder.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Issuance costs: Costs for system development, Smart Contracts, and legal consulting fees for issuance are aggregated into work-in-progress (Account 154) or prepaid expenses (Account 242) for allocation.<\/span><\/li>\n<\/ul>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Huong_dan_doi_voi_Nha_dau_tu_la_to_chuc\"><\/span><b>Guidelines for Institutional Investors<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">For businesses holding crypto assets as an investment, Circular 15\/2026\/TT-BTC provides accounting guidance similar to financial investment activities.<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Determining the original cost: At the time of purchase, the asset is recorded at its actual purchase price plus any related direct costs (exchange transaction fees).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Classification by holding purpose: Short-term holding (less than 12 months) is accounted for in Account 121 \u2013 Trading Securities (Details of coded assets). Long-term holding must be accounted for in Account 228 \u2013 Other Investments.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Revaluation at the time of preparing Financial Statements: Due to the extremely volatile nature of the cryptocurrency market, Circular 15\/2026\/TT-BTC requires entities to have reliable market evidence (prices from major exchanges licensed under the pilot program) to record provisions for impairment or revaluation of assets.<\/span><\/li>\n<\/ul>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Phan_tich_tac_dong_va_Thach_thuc_thuc_thi_Thong_tu_152026TT-BTC\"><\/span><b>Analysis of the Impacts and Implementation Challenges of Circular 15\/2026\/TT-BTC<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure id=\"attachment_8119\" aria-describedby=\"caption-attachment-8119\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-8119\" src=\"https:\/\/ketoan.man.net.vn\/wp-content\/uploads\/2026\/04\/Tac-dong-va-Thach-thuc-thuc-thi-Thong-tu-15_2026_TT-BTC.jpg\" alt=\"T\u00e1c \u0111\u1ed9ng v\u00e0 Th\u00e1ch th\u1ee9c th\u1ef1c thi Th\u00f4ng t\u01b0 15\/2026\/TT-BTC\" width=\"1200\" height=\"675\" srcset=\"https:\/\/ketoan.man.net.vn\/wp-content\/uploads\/2026\/04\/Tac-dong-va-Thach-thuc-thuc-thi-Thong-tu-15_2026_TT-BTC.jpg 1200w, https:\/\/ketoan.man.net.vn\/wp-content\/uploads\/2026\/04\/Tac-dong-va-Thach-thuc-thuc-thi-Thong-tu-15_2026_TT-BTC-300x169.jpg 300w, https:\/\/ketoan.man.net.vn\/wp-content\/uploads\/2026\/04\/Tac-dong-va-Thach-thuc-thuc-thi-Thong-tu-15_2026_TT-BTC-1024x576.jpg 1024w, https:\/\/ketoan.man.net.vn\/wp-content\/uploads\/2026\/04\/Tac-dong-va-Thach-thuc-thuc-thi-Thong-tu-15_2026_TT-BTC-768x432.jpg 768w, https:\/\/ketoan.man.net.vn\/wp-content\/uploads\/2026\/04\/Tac-dong-va-Thach-thuc-thuc-thi-Thong-tu-15_2026_TT-BTC-18x10.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-8119\" class=\"wp-caption-text\">Impacts and Challenges in Implementing Circular 15\/2026\/TT-BTC<\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The issuance of Circular 15\/2026\/TT-BTC is not merely an addition to an accounting regulation, but also creates profound changes to the digital asset ecosystem in Vietnam. However, alongside the breakthrough opportunities for businesses, this document also poses many challenging problems in the practical implementation process. To better understand the overall picture, let&#039;s analyze both aspects thoroughly with MAN \u2013 Master Accountant Network:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Positive values<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The technical barriers that accounting departments face.<\/span><\/li>\n<\/ul>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Tac_dong_tich_cuc\"><\/span><b>Positive impact<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The issuance of Circular 15\/2026\/TT-BTC brings three major benefits:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Transparency: Eliminating &quot;grey areas&quot; in financial reporting helps regulatory agencies (State Bank of Vietnam, Ministry of Finance) monitor the flow of money in the pilot market.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Attracting investment: International investment funds will feel more confident investing in Web3\/Blockchain projects in Vietnam when there is a well-established accounting system.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reduced legal risk: Businesses have a basis to explain to authorities the source of funds and the legality of profits from Crypto.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Despite possessing clear advantages in terms of legal status and transparency, translating the regulations in Circular 15\/2026\/TT-BTC into accurate accounting entries is a challenging journey. The technical characteristics of Blockchain sometimes contradict traditional accounting methods, creating bottlenecks that businesses need to identify early on.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Thach_thuc_doi_voi_bo_phan_ke_toan\"><\/span><b>Challenges for the accounting department<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Although Circular 15\/2026\/TT-BTC provides a framework of principles, its practical implementation will face difficulties due to:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Determining Fair Value: The crypto market operates 24\/7 across multiple international exchanges, and selecting the closing price at a given time for accounting purposes requires close agreement.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Software system: Current accounting software needs to integrate the ability to reconcile with on-chain data to ensure accurate matching between the general ledger and the balance in the e-wallet.<\/span><\/li>\n<\/ul>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Ket_luan_va_khuyen_nghi\"><\/span><b>Conclusion and recommendations\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Circular 15\/2026\/TT-BTC serves as a guiding principle for the professionalization of the cryptocurrency market in Vietnam. Compliance with the circular is not only a legal obligation but also an opportunity for digital technology businesses to demonstrate transparency and financial capacity to major investors.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">In this challenging digital transformation era, mastering new business rules is crucial for survival. To optimize processes and minimize the risk of errors, businesses should refer to the following:<\/span><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/ketoan.man.net.vn\/en\/dich-vu-ke-toan-tron-goi\/\"> full accounting service<\/a><\/span><\/strong><span style=\"font-weight: 400;\"> To ensure that financial statements always strictly comply with the standards of Circular 15\/2026\/TT-BTC.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Advice for businesses:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">System upgrade: Update the accounting chart of accounts in accordance with the guidelines of Circular 15\/2026\/TT-BTC.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Internal controls: Establish a transaction approval process on the business wallet equivalent to the process for approving bank deposits.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Monitoring tax policies: Since Circular 15\/2026\/TT-BTC does not yet provide guidance on taxation, businesses need to keep separate accounting records to be prepared for the expected Crypto tax regulations that will be issued in the near future.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Complying with Circular 15\/2026\/TT-BTC starting in 2026 will help businesses take the lead in the digital finance era in Vietnam.<\/span><\/p>\n<p style=\"text-align: justify;\"><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/ketoan.man.net.vn\/en\/lien-he\/\">Contact<\/a><\/span><\/strong><span style=\"font-weight: 400;\"> Contact MAN \u2013 Master Accountant Network for advice and support!<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Thong_tin_lien_he_MAN_%E2%80%93_Master_Accountant_Network\"><\/span><b>Contact information MAN \u2013 Master Accountant Network<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Address: No. 19A, Street 43, Tan Thuan Ward, Ho Chi Minh City<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Mobile\/Zalo: 0903 963 163 \u2013 0903 428 622<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Email: man@man.net.vn<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Content production by: Mr. <\/span><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/man.net.vn\/le-hoang-tuyen\/\" target=\"_blank\" rel=\"noopener\">Le Hoang Tuyen<\/a><\/span><\/strong><span style=\"font-weight: 400;\"> \u2013 Founder &amp; CEO MAN \u2013 Master Accountant Network, Vietnamese CPA Auditor with over 30 years of experience in Accounting, Auditing and Financial Consulting.<\/span><\/p>\n<p style=\"text-align: justify;\"><b>References:<\/b><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Circular 15\/2026\/TT-BTC<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Resolution No. 05\/2025\/NQ-CP<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Accounting Law No. 88\/2015\/QH13 and guiding documents.<\/span><\/li>\n<\/ul>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Giai_dap_thac_mac_ve_Thong_tu_152026TT-BTC\"><\/span><b>Frequently Asked Questions about Circular 15\/2026\/TT-BTC\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">","protected":false},"excerpt":{"rendered":"<p>Trong b\u1ed1i c\u1ea3nh n\u1ec1n kinh t\u1ebf s\u1ed1 to\u00e0n c\u1ea7u \u0111ang chuy\u1ec3n d\u1ecbch m\u1ea1nh m\u1ebd, vi\u1ec7c qu\u1ea3n l\u00fd v\u00e0 h\u1ea1ch to\u00e1n c\u00e1c lo\u1ea1i t\u00e0i s\u1ea3n m\u1edbi nh\u01b0 t\u00e0i s\u1ea3n m\u00e3 h\u00f3a (Crypto Assets) tr\u1edf th\u00e0nh y\u00eau c\u1ea7u c\u1ea5p thi\u1ebft. Ng\u00e0y 04\/03\/2026, B\u1ed9 T\u00e0i ch\u00ednh \u0111\u00e3 ch\u00ednh th\u1ee9c ban h\u00e0nh Th\u00f4ng t\u01b0 15\/2026\/TT-BTC nh\u1eb1m h\u01b0\u1edbng d\u1eabn nguy\u00ean [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":8118,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8117","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"_links":{"self":[{"href":"https:\/\/ketoan.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/8117","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ketoan.man.net.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ketoan.man.net.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ketoan.man.net.vn\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/ketoan.man.net.vn\/en\/wp-json\/wp\/v2\/comments?post=8117"}],"version-history":[{"count":1,"href":"https:\/\/ketoan.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/8117\/revisions"}],"predecessor-version":[{"id":8121,"href":"https:\/\/ketoan.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/8117\/revisions\/8121"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ketoan.man.net.vn\/en\/wp-json\/wp\/v2\/media\/8118"}],"wp:attachment":[{"href":"https:\/\/ketoan.man.net.vn\/en\/wp-json\/wp\/v2\/media?parent=8117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ketoan.man.net.vn\/en\/wp-json\/wp\/v2\/categories?post=8117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ketoan.man.net.vn\/en\/wp-json\/wp\/v2\/tags?post=8117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}