Vietnam Introduces Crypto Penalty Schedule Ahead of Regulated Market Launch

Vietnam has introduced Decree No. 284/2026/ND-CP, outlining administrative penalties for crypto-related violations as the country prepares to launch a regulated digital asset market.

The decree takes effect on September 1 and applies during Vietnam's five-year pilot program for licensed crypto trading.

Roughly 30 million to 50 million Vietnamese dong (around $1,140 to $1,900) will be the fine for domestic investors who use unlicensed crypto exchanges or service providers.

The fines are steeper for those trading on platforms or in crypto assets designated for foreign investors only, ranging from 70 million to 100 million dong ($2,700 to $3,800).