Insight: How Does SCEX Empower the Autonomy of Vietnam’s Digital Asset Market?
SCEX is currently the only exchange that has reached a capital of 10 trillion VND with 100% domestic capital.
The legal framework for the cryptocurrency market in Vietnam is entering a new phase following the issuance of Resolution No. 05/2025/NQ-CP, aimed at creating a transparent and controlled business environment. Among the stringent criteria, the requirement for a minimum charter capital of VND 10,000 billion is considered the biggest challenge for organizations wishing to participate in providing trading services.
This regulation acts as a strict financial filter, ensuring the safety of people’s capital and the stability of the entire system. Facing this challenge, Sacom Cryptocurrency Exchange Joint Stock Company, commonly known as SCEX , has officially completed raising its charter capital to 10,000 billion VND, marking a significant step forward in the market.
The most important factor that sets SCEX apart is that all of its additional capital comes from the domestic private sector. The company does not receive sponsorship or rely on funding from international investment funds. This clearly demonstrates that domestic financial resources are fully capable of building a large-scale platform, ready to meet the most stringent legal standards of regulatory authorities.
The path to self-reliance in resources amidst competitive pressure.
Faced with enormous capital and infrastructure requirements, the most convenient solution many businesses consider is seeking foreign investment or reusing existing technology from international exchanges. While this approach may quickly address initial liquidity issues, it also carries significant risks to long-term independence. Businesses can then easily become vulnerable to the global policies of their partners and struggle to prioritize protecting the interests of Vietnamese users.
Choosing a more challenging path, SCEX set the goal of complete self-reliance from the very beginning. The company’s 10 trillion VND capital is genuine funding from domestic private investors who have firm faith in the potential for the development of the national digital economy.
Standing on its own two feet demonstrates that domestic investors are ready to commit to a long-term partnership with the legal framework, while also affirming the capabilities of Vietnamese businesses in creating high-tech financial infrastructure.
The significant advantage comes from understanding the local market.
A financial institution owned by Vietnamese people possesses a significant competitive advantage that foreign competitors would find difficult to match. The local staff deeply understands the trading behavior, risk appetite, and investment psychology of the Vietnamese people.
User experiences that are finely tuned to real-life situations will help platforms easily connect with the public. The success of the SCEX Simulator application, with tens of thousands of experiences shortly after its launch, is vivid proof of this natural ability to connect.
Besides market empathy, a purely domestic shareholder structure also provides a solid foundation for protecting data sovereignty and cash flow security. All customer identification information, transaction data, and asset flows are stored entirely within the legal boundaries of Vietnam.
This not only helps the organization strictly comply with information security regulations, but also creates a firewall protecting the economy from complex geopolitical fluctuations in international financial markets.
Furthermore, the independence of the governance structure gives the executive board the power to make quick decisions. The company is not bound by the complex approval processes of its parent companies overseas, thus enabling it to proactively coordinate smoothly with regulatory authorities throughout the pilot implementation process.
Technological independence lays a solid foundation for digital assets.
Many previously expressed concerns that, without foreign technology, domestic engineers would face significant obstacles in building complex financial systems such as order matching infrastructure or secure asset custody solutions. However, SCEX is proving otherwise through practical technological solutions.
By combining abundant capital resources with a team of domestic financial and technology engineers, the company has proactively developed and controlled key subsystems. Multi-layered security solutions and seamless payment integration with commercial banking systems have been perfected. This approach ensures the exchange not only has strong capital resources but also complete mastery of core technology, ready to meet the most stringent security standards of the modern market.
Affirming the resilience and aspiration for self-reliance of Vietnamese businesses.
Reaching a charter capital of VND 10 trillion is a major milestone in financial capacity, but achieving this goal entirely through domestic capital is the most sustainable value. SCEX’s steadfast move has opened up a confident approach for Vietnamese businesses in the financial technology sector.
In the midst of the developing digital economy, the presence of a fully autonomous platform instills strong confidence in the market. This clearly demonstrates that a high-standard trading infrastructure can be built, operated, and developed using the intelligence, capabilities, and financial resources of the Vietnamese people.（Vietnam Crypto Exchange）