BlockBeats news, on August 14, according to the Korea Herald, South Korea's largest cryptocurrency exchange platform Upbit operator Dunamu signed a memorandum of understanding with Vietnam Military Commercial Joint Stock Bank (MB Bank) on August 13 in Seoul to collaborate on building Vietnam's first local digital asset trading platform.
According to the agreement, Dunamu will serve as the core strategic partner of MB Bank, providing technical and infrastructure support, as well as consulting on regulatory compliance, investor protection, and talent development. This move is an important advancement following Vietnam's passage of the Digital Technology Industry Law in July this year.
Data shows that Vietnam currently has over 20 million digital asset holders, with a trading scale exceeding 800 billion dollars, making it the fifth largest country in the world for blockchain asset inflows. MB Bank, as one of Vietnam's top five banks, has 33 million users and total assets close to 50 billion dollars.