#CryptoRegulation Vietnam Proposes Heavy Fines for Crypto Market Manipulation

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Vietnam’s Ministry of Finance is cracking down on crypto misconduct with proposed fines up to VND 2 billion (~$78,600) for market manipulation activities like:

❌ Spreading fake news

❌ Collusive trading

❌ Using multiple accounts to fake market activity

That’s not all…

Individuals who don’t open accounts or fail to transfer crypto assets to licensed platforms could face fines of VND 100–200 million (~$3,900–$7,800).

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But there are still questions:

❓ How will DEX-only tokens be handled?

❓ Will airdrops be taxed?

This marks Vietnam’s first official framework targeting crypto manipulation, modeled after traditional securities laws — a major step in building legal clarity for digital assets.

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How will this impact the crypto scene in Southeast Asia?

Let’s talk in the comments!

#Vietnam #CryptoRegulation #MarketManipulation #CryptoNews #BinanceSquare