Bithumb Signs MOU with SSI Digital for Vietnam Crypto Exchange

South Korea's second-largest cryptocurrency exchange, Bithumb, signed a memorandum of understanding on March 2, 2026, with SSI Digital Technology Joint Stock Company, a subsidiary of Vietnam's largest securities firm, SSI Securities, to collaborate on building and operating a regulated digital asset exchange in Vietnam. The agreement was inked at SSI Securities' Hanoi branch, with Bithumb CEO Jaewon Lee and SSID CEO Nguyen Khac Hai in attendance.

The partnership encompasses a wide range of services essential for a compliant exchange, including technology architecture, wallet and custody systems, security and risk management, regulatory compliance support, and institutional business development. It also opens the door for Bithumb to take a strategic equity stake in an SSID-designated entity, pending approval under Vietnam's evolving crypto framework. A Bithumb official emphasized that working with a traditional local financial institution demonstrates the exchange's recognized capabilities in operations and transparency, adding that compliance with Vietnamese regulations remains the top priority.

Vietnam's appeal lies in its robust cryptocurrency adoption. Government and...