{"id":7420,"date":"2026-05-07T11:43:12","date_gmt":"2026-05-07T11:43:12","guid":{"rendered":"https:\/\/www.europesays.com\/korea\/7420\/"},"modified":"2026-05-07T11:43:12","modified_gmt":"2026-05-07T11:43:12","slug":"south-koreas-bithumb-ties-up-with-ssid-to-develop-virtual-asset-exchange-in-vietnam","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/korea\/7420\/","title":{"rendered":"South Korea&#8221;s Bithumb ties up with SSID to develop virtual asset exchange in Vietnam"},"content":{"rendered":"<p>Bithumb, South Korea&#8217;s second-largest cryptocurrency exchange, has signed a deal with SSID, a subsidiary of SSI Securities, to enter Vietnam&#8217;s cryptocurrency market.<\/p>\n<p>  \t  \t\t  \t\t\t<img decoding=\"async\" src=\"https:\/\/www.europesays.com\/korea\/wp-content\/uploads\/2026\/05\/0642708f-de52-4adf-b597-e3689495049020260507152203.jpg\" class=\"__img_mastercms\" alt=\"South Korea's Bithumb ties up with SSID to develop virtual asset exchange in Vietnam\" style=\"max-width:100%; padding:0px; margin:0px;\" title=\"South Korea's Bithumb ties up with SSID to develop virtual asset exchange in Vietnam\"\/>  \t\t  \t      <\/p>\n<p><a data-end=\"57\" data-is-only-node=\"\" data-start=\"0\" href=\"https:\/\/www.bithumb.com?utm_source=chatgpt.com\" rel=\"noopener nofollow\" target=\"_new\">Bithumb<\/a> announced on May 7 that it had signed an MoU with SSID to cooperate on a local virtual asset exchange business.<\/p>\n<p>The MoU aims to establish a strategic partnership for the development and operation of a <a href=\"https:\/\/vir.com.vn\/search_enginer.html?p=search&amp;q=cryptocurrency\" rel=\"nofollow noopener\" target=\"_blank\">virtual asset exchange<\/a> in Vietnam. Bithumb is also considering the possibility of making a strategic equity investment in SSID&#8217;s designated entity, subject to regulatory approval for virtual asset activities in Vietnam.<\/p>\n<p>Under the partnership, the two sides will collaborate on technology architecture and development, wallet and custody systems, security and risk management, regulatory compliance and knowledge transfer, business and product development, and institutional services.<\/p>\n<p data-end=\"2478\" data-start=\"2126\">Leveraging extensive experience in exchange operations and security technologies, Bithumb will support the development of a stable trading infrastructure in line with Vietnam\u2019s regulatory environment. Meanwhile, SSI Securities and SSID will accelerate the project with their local understanding of the financial market and extensive network.<\/p>\n<p data-end=\"2763\" data-start=\"2480\">Bithumb&#8217;s representative said, \u201cOur cooperation with SSI Securities and SSID, Vietnam&#8217;s established traditional financial institutions, demonstrates international recognition of Bithumb\u2019s operational capabilities and transparency. We will prioritise full compliance with Vietnamese regulations and work together to build a safe virtual asset trading infrastructure.\u201d<\/p>\n<p data-end=\"2763\" data-start=\"2480\">Besides Bithumb, Dunamu, operator of South Korea\u2019s largest cryptocurrency exchange Upbit, has signed an MoU with Military Bank to launch Vietnam\u2019s first domestic digital asset exchange.<\/p>\n<p>      \t  \t\t  \t\t\t<a class=\"__mb_article_in_image_large_box\" href=\"https:\/\/vir.com.vn\/okx-ventures-and-hashkey-invest-in-vietnam-crypto-exchange-caex-150365.html\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" alt=\"OKX Ventures and HashKey invest in Vietnam crypto exchange CAEX\" src=\"https:\/\/www.europesays.com\/korea\/wp-content\/uploads\/2026\/05\/package-media-5431267104779257357241820260410112928.png\" width=\"115\"\/> <\/a>  \t\t\t<a href=\"https:\/\/vir.com.vn\/okx-ventures-and-hashkey-invest-in-vietnam-crypto-exchange-caex-150365.html\" title=\"OKX Ventures and HashKey invest in Vietnam crypto exchange CAEX\" rel=\"nofollow noopener\" target=\"_blank\">OKX Ventures and HashKey invest in Vietnam crypto exchange CAEX<\/a>  \t\t\t<\/p>\n<p>Vietnam Prosperity Crypto Asset Exchange JSC on April 10 announced that OKX Ventures and HashKey Capital have agreed to invest in the company and become its strategic partners.<\/p>\n<p>  \t\t\t  \t\t  \t        \t  \t\t  \t\t\t<a class=\"__mb_article_in_image_large_box\" href=\"https:\/\/vir.com.vn\/dunamu-and-military-bank-to-launch-vietnams-first-digital-asset-exchange-134397.html\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" alt=\"Dunamu and Military Bank to launch Vietnam&#x2019;s first digital asset exchange\" src=\"https:\/\/www.europesays.com\/korea\/wp-content\/uploads\/2026\/05\/84c4e567a5601d8ac2fe1c8ec075d9bb.jpg\" width=\"115\"\/> <\/a>  \t\t\t<a href=\"https:\/\/vir.com.vn\/dunamu-and-military-bank-to-launch-vietnams-first-digital-asset-exchange-134397.html\" title=\"Dunamu and Military Bank to launch Vietnam&#x2019;s first digital asset exchange\" rel=\"nofollow noopener\" target=\"_blank\">Dunamu and Military Bank to launch Vietnam\u2019s first digital asset exchange<\/a>  \t\t\t<\/p>\n<p>Dunamu, operator of South Korea\u2019s largest cryptocurrency exchange Upbit, is partnering with Military Bank to launch Vietnam\u2019s first domestic digital asset exchange.<\/p>\n<p>  \t\t\t  \t\t  \t        \t  \t\t  \t\t\t<a class=\"__mb_article_in_image_large_box\" href=\"https:\/\/vir.com.vn\/vietnam-establishes-management-board-for-crypto-asset-trading-market-142712.html\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" alt=\"Vietnam establishes management board for crypto asset trading market\" src=\"https:\/\/www.europesays.com\/korea\/wp-content\/uploads\/2026\/05\/tsmh20251211154841.jpg\" width=\"115\"\/> <\/a>  \t\t\t<a href=\"https:\/\/vir.com.vn\/vietnam-establishes-management-board-for-crypto-asset-trading-market-142712.html\" title=\"Vietnam establishes management board for crypto asset trading market\" rel=\"nofollow noopener\" target=\"_blank\">Vietnam establishes management board for crypto asset trading market<\/a>  \t\t\t<\/p>\n<p>The State Securities Commission (SSC) on December 10 announced the establishment of a management board for the cryptoasset trading market, following a decision issued by the Ministry of Finance.<\/p>\n<p class=\"author-detail __MB_AUTHOR\">&#13;<br \/>\n                                                                        By <a class=\"author\" href=\"https:\/\/vir.com.vn\/search_enginer.html?p=search&amp;q=Thanh Van&amp;s_cond=3\" rel=\"nofollow noopener\" target=\"_blank\">Thanh Van<\/a>&#13;\n                                                                    <\/p>\n","protected":false},"excerpt":{"rendered":"Bithumb, South Korea&#8217;s second-largest cryptocurrency exchange, has signed a deal with SSID, a subsidiary of SSI Securities, to&hellip;\n","protected":false},"author":2,"featured_media":7421,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[2819,533,5777,31,4694,33,5776],"class_list":{"0":"post-7420","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-south-korea","8":"tag-bithumb","9":"tag-cryptocurrency","10":"tag-digital-asset-exchange","11":"tag-korea","12":"tag-partnership","13":"tag-south-korea","14":"tag-ssid"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/7420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=7420"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/7420\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/7421"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=7420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=7420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=7420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}