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Bithumb Expands Into Vietnam Through SSID Crypto Exchange Partnership

Bithumb Expands Into Vietnam Through SSID Crypto Exchange Partnership

Bithumb partners with SSID to establish a compliant virtual asset exchange in Vietnam

Vietnam’s regulatory environment is formalized through a five-year pilot program for crypto assets

The partnership may lead to a strategic equity investment by Bithumb in an SSID entity

Bithumb is setting its sights on new horizons, joining forces with SSI Digital Technology Joint Stock Company (SSID), a subsidiary of SSI Securities, which is Vietnam’s largest securities company by capital scale, to grow its international presence.

According to the announcement, both companies signed a comprehensive Memorandum of Understanding (MOU), focused on establishing and operating a virtual asset exchange business in Vietnam. The MOU was signed on March…

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