Vietnam will soon have its first authorized cryptocurrency exchange

24 Mar, 2019
by David Borman
Vietnam will soon have its first authorized cryptocurrency exchange

It has been reported by PR Newswire that a deal has been made between Linh Thanh Group and KRONN Ventures AG to open Vietnam's first fully authorized Crypto exchange.

The two companies have signed a memorandum of understanding (MOU) for both the production of cryptocurrency and the opening of an exchange within Vietnam. They have gone on to obtain a license for the exchange. This will make for the first authorized exchange within the nation.

A statement from the Linh Thanh Group stated that they believe partnering with KRONN will lead to the creation of a world class exchange. This comes after KRONN  formed a consortium with financial committees from Vietnam, Philippines, Cambodia, Bangladesh, and Sri Lanka. Ultimately, Vietnam was the first to offer the means to build an international wiring system using blockchain.

This stands to be a big step forward for both Vietnam and crypto. It sounds like this exchange may be coming with its own native currency, and if so, perhaps an exciting new player will be entering the market.  In the meantime, stick with Chepicap for all updates!

3 Undervalued ALTCOINS in 2019!Subscribe to the Chepicap YouTube Channel for more videos!

Follow Chepicap now on Twitter, YouTubeTelegram and Facebook!

Chepicap is here for you 24/7 to keep you informed on everything crypto. Like what we do? Tip us some Satoshi with the exciting new Lightning Network tool!


Read more: How to tip and receive Bitcoin via the Lightning Network with

Read more about: Vietnam


Are you excited for this new exchange?

(7 votes)

Add a comment

Check out the latest news

You will be logged out and redirected to the homepage