Vietnam has added a formal penalty system for crypto violations as the country prepares to move more digital asset trading onto licensed domestic platforms.
Summary
- Vietnam will fine domestic investors up to $1,900 for trading through unlicensed crypto platforms nationwide.
- The September rules also target unauthorized offerings, AML failures, improper data handling and unlicensed marketing.
- Vietnam’s regulated crypto market could begin activity in Q3 after five firms passed initial screening.
Decree No. 284/2026/NĐ-CP, signed on July 16, sets administrative fines for investors, crypto service providers and token issuers. The rules take effect on Sept. 1 during…
