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Vietnam Prepares for Crypto Exchange Launch: Upbit Steps In
Vietnam is preparing to launch its first regulated cryptocurrency exchange, with South Korea’s Upbit joining as a key partner. This move follows the Vietnamese government’s decision to allow the pilot operation of virtual asset exchanges under new regulations. New Framework Opens Market to Financial Institutions The launch is being guided by Resolution 05/2025, which sets strict standards for entities joining the virtual asset sector. The resolution requires a minimum capital of 1 trillion Vietnamese dong (approximately 52.6 billion won) and mandates equity participation from banks, securities firms, and ... (full story)
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