CAEX Vietnam Exchange Certification Process
CAEX is a Vietnam-focused crypto asset exchange platform aiming to provide compliant, transparent, and secure digital asset trading. It emphasizes legal alignment with Vietnamese regulations, KYC/KYB onboarding, VND-based trading, segregated customer assets, and multi-layer security including cold wallets and HSM. The platform positions itself as a trusted gateway for investors seeking a regulated local-market trading experience.
CAEX, a digital asset platform tied to Vietnam’s VPBank ecosystem and backed by partners like HashKey Capital and OKX Ventures, is undergoing Vietnam’s strict two-stage licensing process for crypto asset exchanges under a pilot program supervised by the Ministry of Finance and the State Securities Commission. 【Vietnam Crypto Exchange】
Two-Stage Certification Process
- Stage 1 (Preliminary Review): Submit application documents to the Ministry of Finance; reviewed for initial validity within 20 days.
- Stage 2 (Full Compliance): Up to 12 months granted upon preliminary validation to finalize capital requirements and secure required technical and security audits.
Key Regulatory Requirements
- Capital Threshold: Minimum charter capital of VND 10,000 billion (approx. $380 million).
- Ownership Structure: At least 65% held by domestic institutional investors (banks, tech, or securities firms); foreign ownership capped at 49%.
- Security Certification: Mandatory Level-4 information system safety certification issued by the Ministry of Public Security.
- Operational Scope: Trading activities and asset pairs are structured to operate locally with strict anti-money laundering compliance.