[Vietnam Proposes Fines for Unlicensed Digital Asset Platforms] According to Techinasia, Vietnam's Ministry of Finance has proposed fines for individuals and organizations trading digital assets on unlicensed platforms, as outlined in a draft decree that has been publicly released for feedback. The draft stipulates that individuals involved in violations related to digital asset trading may face fines of up to 30 million VND ($1,200), while organizations could be fined up to 200 million VND ($7,584). Violations such as breaching foreign ownership regulations, providing misleading disclosure information, or failing to report information to regulatory authorities could result in fines ranging from 70 million VND ($2,654) to 200 million VND ($7,584). Offering products to ineligible investors, conducting non-compliant insurance activities, and failing to disclose necessary information may incur the maximum penalties. Additionally, the draft specifies that domestic individuals using unlicensed platforms could face fines ranging from 10 million VND ($379) to 30 million VND ($1,138). Unauthorized advertising, operating without a license, or conducting activities beyond the scope of a license could result in fines of up to 200 million VND ($7,584). Foreign investors involved in fund transfer violations or false transaction declarations could face fines of up to 100 million VND ($3,815). Service providers failing to verify investor identities may be fined between 50 million VND ($1,900) and 70 million VND ($2,680).