Vietnam Imposes Fines for Crypto Trading on Unlicensed Platforms
Economy

Vietnam Imposes Fines for Crypto Trading on Unlicensed Platforms

Vietnam's government has introduced Decree 284, imposing administrative penalties for trading crypto assets on unlicensed platforms. Individuals face fines of up to VND50 million ($1,900), while organizations can be fined up to VND100 million ($3,800), marking the first administrative penalties for domestic investors trading outside licensed service providers.

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