Has SCEX Been Approved?Demystifying the Compliance Pathway for SCEX and Crypto Exchanges
Summary of SCEX’s legal milestones: information from the Ministry of Finance, registered capital, Level 4 assessment and how to check the license, and operational date.
In the Ministry of Finance’s Q&A dated October 28, 2026 , the Ministry stated that as of October 18, 2026, and at the time of the response, no organization had been licensed to provide crypto asset services under Resolution 05/2025/NQ-CP.
This is a confirmation with a date, not a status update from November 9th. In the sources we’ve checked, Has not been able to verify a separate licensing document for SCEX; this doesn’t necessarily prove the company is not licensed.
The milestones have verifiable sources.
| Time | Information and meaning |
|---|---|
| September 9, 2025 | The government issued Resolution 05/2025/NQ-CP .
A general pilot framework, not a separate license granted to SCEX. |
| October 14, 2026 | VnEconomy reports that SCEX’s registered charter capital has reached 10,000 billion VND.
It is necessary to distinguish between registered capital and audited contributed capital. |
| October 22, 2026; published on October 23. | According to SCEX, as cited by VnEconomy , A05 has reviewed the application and agreed to the Level 4 proposal.
A milestone regarding information system security; not yet a service licensing document. |
| October 28, 2026 | The Q&A page, dated October 28th, states that the Ministry of Finance responded that no organization had been licensed as of October 18th and at the time of this response.
Official sources have time limits; do not extend your conclusions to the test date. |
What does a capital of 10,000 billion VND prove?
A VnEconomy news report dated October 14, 2026 , cited information regarding SCEX’s registered capital. This is the registered capital data that the newspaper recorded.
Meanwhile, Clause 2 of Article 8 and Clause 8 of Article 9 of Resolution 05 require a minimum contributed charter capital of VND 10,000 billion, accompanied by supporting documents and audit reports as prescribed.
Has not yet reviewed SCEX’s audited capital contribution report. Therefore, the figures in the report are insufficient for this article to conclude that the company has fully met the capital requirements. Even if the capital is verified, licensing still requires consideration of other conditions and documentation.
Level 4 is a benchmark for information systems.
According to SCEX, as reported by VnEconomy on October 23, 2026 , the enterprise’s information system security level proposal has been assessed and approved by A05, Ministry of Public Security, with a proposed level 4. Has not yet compared this with the original A05 document.
Clause 7 of Article 9 of Resolution 05 includes this assessment document as part of the licensing application dossier. Therefore, it is necessary to read the Level 4 information correctly within its scope: progress of the application regarding the information system, it does not replace the license issued by the Ministry of Finance, and it does not guarantee user funds.
Three pieces of evidence to look for:
the license and the date of operation.
To verify whether a SCEX has been licensed or is about to begin operations, find all relevant documentation:
- Licenses issued to the correct legal entity: Compare the license number, issuance date, business name, and scope of services with the document from the Ministry of Finance. Do not use business registration certificates or completed assessment reports as substitutes.
- Announcement of the official service launch date: Please check the Ministry of Finance portal and the press as required. The date of the product introduction is not automatically the launch date.
- Required disclosure documents: Check the audited financial or capital contribution reports and procedures that are required to be disclosed. Verify the correct version and date of the documents.
The above list is based on Article 9 and paragraphs 4–5 of Article 10 of Resolution 05. Licenses and announcements of service delivery dates are two separate pieces of evidence; a progress report does not replace both.
When searching for information yourself, use the full name, Sacom Crypto Asset Exchange Joint Stock Company , instead of just typing SCEX. Open the full text from the regulatory source, read the issuing authority, the licensed entity, and the permitted content. If only a screenshot is available, request a link to the full document; do not draw conclusions from the title or seal in the image.
Frequently Asked Questions
Does a valid application mean it has been granted a license?
That conclusion cannot be drawn yet. Article 10 of Resolution 05 distinguishes between the application processing steps and the licensing steps. We need to examine the specific document that authorizes the business to proceed next.
Is it possible to calculate the SCEX launch date from level 4?
There is no basis for independently calculating the launch date from this point. Article 10 stipulates the announcement of the service provision date after licensing. This article has not verified SCEX‘s operational announcement, so it cannot predict the start date.
Does the inability to find the license on Google mean it hasn’t been granted?
No. The search results are not a complete list of licenses. If not found, the correct expression is that the document has not been verified within the scope of the checked sources; further verification with the licensing authority is required.
Risk warning: Legal information does not guarantee profits or eliminate the risk of capital loss when trading crypto assets.
Source verification date: November 9, 2026. This is a compilation of publicly available documents; the entire SCEX dossier has not been audited. The source verification date does not change the timeline of each piece of evidence.（Vietnam Crypto Exchange）