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✍️ Vietnam's government has issued a new decree, establishing administrative fines for #crypto investors, service providers, and token issuers trading outside Ministry of Finance-licensed platforms. Domestic investors using unlicensed crypto service providers face fines of up to 50M Vietnamese dong, or $1,900 — with penalties rising to 100M dong, or $3,800, for purchasing assets restricted to foreign investors. The rules take effect September 1 under Vietnam's five-year pilot crypto market program.

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