Dunamu and MB Bank don launch Vietnam first licensed crypto exchange
Dunamu, di one wey dey run Upbit, don join body wit MB Bank wey dey Vietnam to open Vietnam first licensed crypto exchange. Dem go use MB Bank banking license plus Vietnam Digital Technology Industry Law make sure say di platform fit support correct cryptocurrency trading wey go against Vietnamese dong (VND). Di secure Vietnam crypto exchange go get on-chain security, advanced order types, and proper connection wit MB Bank fiat services for deposits and withdrawals. Dem dey target over 20 million crypto holders plus $800 billion trading market. Di new exchange wan make crypto widespread and make institutions join in. As dem dey wait final approvals, di platform dey planned to start by middle of 2022.
Bullish
For short term, di announcement wey dem announce say Vietnam get dia first licensed crypto exchange under clear regulatory framework go fit boost trader confidence and increase di amount wey dem dey trade, e go put pressure to make cryptocurrency prices go up. For long term, di institutional-grade infrastructure and compliance wey di exchange dey offer suppose attract main investors and capital go Vietnam, e go help market liquidity and stability, plus support steady price growth for di crypto market.