$BTC I believe that Vietnam's proposal to impose high fines for cryptocurrency market manipulation is an important and positive step towards regulating the sector in the country. By cracking down on practices such as the spread of false news, collusive trading, and the use of multiple accounts, Vietnam seeks to protect investors and promote a more transparent and trustworthy market.

Furthermore, establishing a clear legal framework, inspired by traditional securities laws, can help provide stability and legitimacy to digital assets in Vietnam. However, some important questions arise, such as the handling of tokens on decentralized platforms (DEX) and the taxation of airdrops, which need to be clarified to avoid uncertainties.

Overall, it is an initiative that demonstrates the Vietnamese government's intention to foster a safer and more regulated environment for cryptocurrencies, which can contribute to greater growth and trust in the local market.