The decree specifies administrative violations, sanction forms, fine levels, and remedial measures, as well as the authority to draft violation records and impose administrative penalties regarding crypto assets and the crypto asset market in Vietnam, pursuant to Government Resolution No05/2025/NQ-CP dated September 9, 2025 on piloting the crypto asset market in Vietnam.

One notable provision is Article 9, which covers violations of regulations on crypto asset trading. It stipulates fines of VND30 million to VND50 million for domestic investors who trade crypto assets not through crypto asset service providers licensed by the Ministry of Finance as prescribed in Clause 2, Article 7 of Resolution No. 05/2025/NQ-CP.

This means that…