$BTC The Ministry of Finance of Vietnam is tightening its grip on wrongful acts related to cryptocurrency with proposed fines of up to 2 billion VND (~78,600$) for market manipulation activities such as:

❌ Spreading false information

❌ Collusive trading

❌ Using multiple accounts to fake market activity

But that's not all…

Individuals who do not open accounts or do not transfer cryptocurrency assets to licensed platforms may be fined from 100–200 million VND (~3,900–7,800$).