crypto

Sacom Crypto Asset Exchange Joint Stock Company (SCEX) has become the second of five crypto-asset trading platform candidates in Vietnam to reach the requirement of charter capital at VND10,000 billion ($380 million).

Singapore was the largest cryptocurrency market in a region spanning Central and Southeast Asia and Oceania, with $284 billion in activity in the year to June, blockchain-analytics firm Chainalysis said.

In May, Vietnam's Ministry of Finance said the country's official digital-asset exchange could see its first activity as early as the third quarter of 2026, with five companies making preparations.

Crypto-asset services in Vietnam will have to report suspicious transactions to the State Bank of Vietnam, or the country's central bank, according to the newly-approved amendments to law on anti-money laundering and banking.

The Vietnamese government has called on Bybit, one of the world's largest cryptocurrency exchanges, to share its  experience in developing a regulated digital asset market, said Deputy Prime Minister Nguyen Van Thang.

Vietnam’s digital asset exchange could begin official operations as early as the third quarter of 2026 under a pilot framework approved by the government, Deputy Minister of Finance Nguyen Duc Chi said.

GSR, a crypto capital markets and liquidity partner, has secured strategic investment from SC Ventures, the fintech investment arm of Standard Chartered.

Many users are unable to login into ONUS Pro, a digital asset exchange platform serving South East Asia with a focus on Vietnam, from the weekend.

Hong Kong plans to exempt private equity funds, hedge funds and the investment vehicles of the super-rich from paying tax on gains from cryptocurrencies, private credit investments and other assets, as the city strives to become a top offshore finance hub.

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