🚨 TCEX OFFICIALLY INCREASES ITS CAPITAL TO VND 10,000 BILLION, READY TO JOIN THE CRYPTO EXCHANGE RACE IN VIETNAM!
💰 TCEX – the crypto-asset exchange in the Techcombank ecosystem – has just completed an increase in its charter capital to VND 10,000 billion, reaching the minimum capital required under Resolution 05 to participate in Vietnam’s crypto-asset market pilot program.
📌 Key developments:
TCBS increased its ownership stake in TCEX to 11%, equivalent to an investment of VND 1,100 billion.
May 2026: The Ministry of Finance confirmed that TCEX’s first-round application was complete and valid.
October 2026: The information system security dossier at Level 4 was approved by the relevant authorities.
Next phase: TCEX will audit its contributed capital, complete the necessary procedures, and submit its second-round application.
⚠️ However, please note: Meeting the capital requirement and completing the initial dossiers does not mean the company is authorized to operate. TCEX has not yet been licensed to operate.
💬 TCEX CEO Ngo Duy Bien believes that domestic exchanges need to address two key factors to attract trading flows back to Vietnam: trust and liquidity.
The race to build crypto exchanges in Vietnam is gradually shifting from the preparation phase to completing legal and infrastructure requirements.
For me, VND 10,000 billion is a notable milestone, but having substantial capital is not a decisive advantage.
It’s downtrend season—if they don’t hurry up and launch the exchange, how will they collect fees when the uptrend comes?
#TCEX #CryptoVietnam #DigitalAssets
$NEAR $PREDICT
💰 TCEX – the crypto-asset exchange in the Techcombank ecosystem – has just completed an increase in its charter capital to VND 10,000 billion, reaching the minimum capital required under Resolution 05 to participate in Vietnam’s crypto-asset market pilot program.
📌 Key developments:
TCBS increased its ownership stake in TCEX to 11%, equivalent to an investment of VND 1,100 billion.
May 2026: The Ministry of Finance confirmed that TCEX’s first-round application was complete and valid.
October 2026: The information system security dossier at Level 4 was approved by the relevant authorities.
Next phase: TCEX will audit its contributed capital, complete the necessary procedures, and submit its second-round application.
⚠️ However, please note: Meeting the capital requirement and completing the initial dossiers does not mean the company is authorized to operate. TCEX has not yet been licensed to operate.
💬 TCEX CEO Ngo Duy Bien believes that domestic exchanges need to address two key factors to attract trading flows back to Vietnam: trust and liquidity.
The race to build crypto exchanges in Vietnam is gradually shifting from the preparation phase to completing legal and infrastructure requirements.
For me, VND 10,000 billion is a notable milestone, but having substantial capital is not a decisive advantage.
It’s downtrend season—if they don’t hurry up and launch the exchange, how will they collect fees when the uptrend comes?
#TCEX #CryptoVietnam #DigitalAssets
$NEAR $PREDICT
