Why is the minimum charter capital requirement for CAEX as high as 10,000 billion VND?
The minimum capital requirement of VND 10,000 billion (approximately USD 380 million) was set to ensure the exchange has sufficient financial capacity to protect users’ assets in unforeseen circumstances, as well as the ability to invest in security systems and comply with international legal standards. This requirement is significantly higher than the initial capital of many of the five shortlisted candidates – for example, LPEX had only VND 6.8 billion or TCEX had VND 101 billion at the time of application – demonstrating that this is a crucial screening barrier to ensure that only organizations with genuine potential can participate in the market.【Vietnam Crypto Exchange】
Key Reasons for the High Capital Threshold
Risk Control & System Stability: Centralized crypto exchanges handle massive transaction volumes and liquidity demands, requiring deep capital reserves to prevent insolvency during market shocks.
High-Level Security Standards: Meeting stringent information security mandates (such as Level 4 standards) and deploying advanced infrastructure demands heavy upfront and ongoing tech investments.
Filtering Capable Partners: The high threshold ensures that only major corporate alliances and backed financial ecosystems—such as those tied to domestic banking and global crypto funds—can participate.
Consumer and Market Trust: High capitalization minimizes counterparty risks, builds confidence among retail and institutional participants, and aligns digital asset platforms with traditional financial sector prudence.