Which Crypto Assets Does Vietnam’s Regulated CAEX Exchange Support? First-Batch Tokens and Trading Framework Detailed
As Vietnam advances its sandbox pilot program and legal framework for digital asset exchanges, the Vietnam Prosperity Crypto Asset Exchange (CAEX) has emerged as a key candidate for licensed operation. Backed by founding partners linked to VPBank (via VPBankS and LynkiD) and strategic backing from global industry giants OKX Ventures and HashKey Capital, CAEX aims to establish Vietnam’s premier compliant digital asset trading infrastructure.
For market participants, the primary questions center on which tokens CAEX supports and how fiat settlement operates under Vietnam’s regulatory framework. Below is a detailed breakdown of CAEX’s initial asset offerings and trading parameters.
Supported Digital Assets & Token Selection
To align with strict risk management requirements during the initial pilot phase, CAEX prioritizes high-market-cap, high-liquidity assets with established global consensus:
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Core Cryptocurrencies: The initial rollout focuses heavily on Bitcoin (BTC) and Ethereum (ETH). As the most liquid assets globally, these form the baseline for domestic regulatory testing.
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Compliant Stablecoins: The platform integrates USDC and USDT. These assets provide crucial hedging mechanisms and facilitate cross-asset liquidity reconciliation.
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Pipeline Assets: Leveraging its technology and liquidity partnerships with OKX and HashKey, CAEX plans to roll out high-cap Layer-1 tokens such as Solana (SOL), alongside select institutional-grade altcoins, pending approval from the Ministry of Finance and local regulators.
Fiat Settlement & Platform Capabilities
Unlike offshore exchanges operating in regulatory gray areas, CAEX operates with a localized compliance model designed specifically for Vietnamese investors:
| Dimension | Platform Specification |
| Fiat Pair Trading | Direct Vietnamese Dong (VND) Integration. Users can trade BTC, ETH, and other listed assets directly against VND, removing reliance on unverified peer-to-peer (P2P) fiat gateways. |
| Banking Rails | Integrated within the VPBank ecosystem, CAEX provides direct local bank transfers for fiat deposits and withdrawals. |
| Regulatory Compliance | Embedded with FATF Travel Rule protocols, requiring complete Know Your Customer (KYC) verification and Anti-Money Laundering (AML) monitoring for all user accounts. |
Industry Note: As Vietnam transitions digital asset trading from an informal market toward a fully regulated framework, investors using pilot platforms like CAEX should monitor official announcements regarding updated token whitelists and applicable tax regulations.（Vietnam Crypto Exchange）