HO CHI MINH CITY: Vietnam will fine domestic investors up to 50 million dong (US$1,901) for trading crypto assets through unlicensed platforms under a new decree governing the country’s pilot digital asset market.

The government last Saturday issued Decree 284/2026, introducing penalties for violations involving crypto assets during the five-year pilot programme established under Resolution 05/2025.

The decree, effective from Sept 1, marks the first time Vietnam has imposed penalties on domestic investors who trade crypto assets outside service providers licensed by the Finance Ministry.

Under the new rules, individuals trading crypto assets through…