Upbit Operator Dunamu, MB Bank Partner to Launch Vietnam’s First
12Crypto Exchange
Upbit
vietnam
The deal to launch Vietnam's first crypto exchange follows the country's recent legalization of digital assets.
Author
Sujha Sundararajan
Author
Sujha Sundararajan
About Author
Sujha has been recognised as 🟣 Women In Crypto 2024 🟣 by BeInCrypto for her leadership in crypto journalism.
Author Profile
Share
Copied
Last updated:
1 hour ago
Why Trust Cryptonews
Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews
South Korean firm Dunamu, which operates crypto exchange Upbit, signed an MoU with Vietnam’s Military Bank or MB Bank to launch the nation’s first crypto exchange.
The deal signed on Tuesday is a structural game-changer for Vietnam’s crypto scene, following its recent legalization of digital assets.
According to the Korea Herald, the partnership will bring Dunamu’s Korean exchange model and technology to its overseas-led initiative. The signing of the initiative saw crypto leaders from both nations.
Dunamu will also serve as the advisor for MB Bank’s regulatory compliance, investor protection and talent development.
“MB and Upbit will work together as trusted partners to advance Vietnam’s digital finance market,” said MB Bank Chair Luu Trung Thai.
Vietnam Brings Crypto Under Formal Radar.
In June, the Southeast Asian nation passed the Law on Digital Technology Industry that defines, classifies and outlines crypto management.
The legislation came after years of...
hthttps://cryptonews.com/news/dunamu-mb-bank-to-launch-vietnams-first-crypto-exchange/#crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday
***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT!
This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.
bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple