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The Ministry of Finance of Vietnam proposed a fine of 100-200 million VND if individuals do not open accounts and transfer their owned cryptocurrency assets to be stored and traded at organizations licensed by this agency.

The Ministry of Finance proposed a fine for market manipulation of cryptocurrency assets ranging from 1.5-2 billion VND. If a service organization providing cryptocurrency assets violates regulations, they may be suspended from this activity for 3-5 months.

Providers of cryptocurrency asset services may be fined 300 million to 2 billion VND for violations such as failing to verify investors' identities, misleading advertising information, and not separating the management of customers' cryptocurrency assets from proprietary trading...