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Individuals face $1,900 fine for trading crypto via unauthorized entities

Individuals face $1,900 fine for trading crypto via unauthorized entities

The Government has issued Decree No. 284/2026/ND-CP on
administrative penalties for violations regarding crypto assets and the crypto
asset market.

Accordingly, a fine ranging from VND70 million to 100
million ($2,660 – 3,800) will be imposed on organizations issuing crypto assets
that violate regulations on foreign ownership of assets used as the basis for
issuing crypto assets.

A fine ranging from VND100 million to 150 million ($3,800 –
5,700) will be imposed on organizations issuing crypto assets that provide
inaccurate, incomplete, or untimely information, causing misunderstanding for
state management agencies, crypto asset service providers, or investors.

A fine ranging from VND150 million to 200 million ($5,700…

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