#CryptoRegulation
#CryptoRegulation The Ministry of Finance of Vietnam is intensifying its crackdown on misconduct in 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 simulate market activity
That's not all...
Individuals who do not open accounts or transfer cryptocurrency assets to licensed platforms could face fines of 100 to 200 million VND (~$3,900 to $7,800).