Vietnam to Fine Retail Crypto Traders Using Offshore Exchanges - Finance Magnates
Vietnam will fine retail traders using unlicensed crypto exchanges under Decree 284/2026, effective September 1. Individuals face fines up to VND 50 million ($1,900), or VND 100 million for assets restricted to foreign investors. The decree also penalizes companies failing KYC with fines up to VND 70 million.
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