Vietnam: first crypto exchange authorised
Vietnam: first crypto exchange authorised

Vietnam: first crypto exchange authorised

By Alfredo de Candia - 25 Mar 2019

Chevron down

Vietnam’s largest distribution company, Linh Thanh Group, has signed a Memorandum of Understanding (MoU) for crypto mining and the creation of an exchange in Vietnam, obtaining a license from the state.

It all came about through a partnership with a Swiss blockchain company, KRONN Ventures AG.

vietnam crypto exchange

In October last year, KRONN formed a consortium with Asian financial commissions from 5 countries: Vietnam, Philippines, Cambodia, Bangladesh and Sri Lanka, allowing the construction of the first international system of wiring between the various countries, obviously using blockchain technology.

The two companies will work together to create a worldwide crypto exchange, thanks to KRONN’s knowledge in that field, as they have already collaborated in the past with King’s College in London on an AI research.

Considering that other countries are also increasingly integrating tools and future plans, such as the MiSE in Italy, even Asian countries try not to lag behind in this respect, trying to be competitive and occupy a place in the front line, promoting technology and crypto also with the support of the State.

Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

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