📢 OFFICIAL: ISSUES DECREE ON ADMINISTRATIVE PENALTIES FOR VIOLATIONS RELATED TO CRYPTO ASSETS

The Government of Vietnam has just issued Decree No. 284/2026/NĐ-CP, establishing an administrative penalty framework for the crypto asset market. Along with Resolution No. 05/NQ-CP (pilot for the crypto market over 5 years), this is the most important legal milestone to date.
📅 Effective date: From 01/09/2026.
📌 KEY POINTS TO NOTE FOR INDIVIDUALS (INVESTORS):
🔹 Maximum fine: 100 million VND + forfeiture of exhibits/proceeds from illegal gains.
🔹Mandatory trading via domestic exchanges: A fine of 30 - 50 million VND if trading through platforms that have NOT been licensed by the Ministry of Finance (Applicable after 6 months from the first domestic exchange being licensed). Currently, 5 major exchanges are submitting applications pending approval (VIXEX, SCEX, CAEX, TCEX, and CTCP Tài sản số VN).
🔹Note: Investors may still store crypto in their personal wallets, but when trading they must use a licensed exchange in Vietnam.
🔹A fine of 70 - 100 million VND if domestic investors trade crypto assets issued specifically for foreign investors.
📌 KEY POINTS TO NOTE FOR ORGANIZATIONS:
🔹Maximum fine: 200 million VND.
🔹Additional penalties: Revocation of license (1-3 months), suspension of operations (1-12 months), forfeiture of exhibits.
🔹Acts subject to penalties: Violations of rules on offering/issuance; organizing the market/advertising; responsibility for maintaining account information confidentiality; and regulations on anti–money laundering and countering terrorist financing.
The Vietnamese Crypto market is entering a phase of strict and professional regulation. Fellow investors, pay attention to the timeline and new regulations to trade safely nhé! 🇻🇳💸
#CryptoVietnam #PhapLyCrypto #NghiDinh284 #ThiTruongTaiSanMaHoa #DauTuAnToan