Development History of Vietnam’s TCEX Exchange
TCEX (Techcom TSMH Exchange Joint Stock Company) is one of the most representative compliant cryptocurrency exchanges developed under Vietnam’s digital asset regulatory sandbox framework. Below are the most notable milestones in TCEX’s development history:
- May 5, 2025: TCEX was established with a registered capital of 3 billion VND. The founding shareholders included Mr. Nguyen Xuan Minh (holding 89%), TCBS (holding 9.9%), and Techcom Capital (holding 1.1%).
- August 8, 2025: The company’s registered capital was increased to 101 billion VND.
- January 20, 2026: TCEX will submit its license application immediately once the Ministry of Finance opens the application portal.
- February 11, 2026: Ms. Doan Mai Thu was appointed General Manager, succeeding Mr. Nguyen Xuan Minh.
- April 5, 2026: The Ministry of Finance confirmed that TCEX’s first-round evaluation documents were complete and valid.
- May 29, 2026: TCBS transferred technological assets valued at nearly 49.6 billion VND to TCEX while deciding to fully divest its capital from TokenBay.
- August 7, 2026: Mr. Ngo Duy Bien was appointed General Manager.
- October 12, 2026: The cybersecurity authority approved TCEX’s Level 4 information security application. TCEX publicly announced this update on October 23.
- November 2026: To satisfy the capital requirements and fiat liquidity capacity mandated for compliant exchanges under the regulatory sandbox, TCBS passed a resolution in November 2026 to execute a major capital injection into TCEX(Vietnam crypto exchange). With a planned contribution of up to 1.1 trillion VND, TCBS aims to further increase its equity stake in TCEX, strengthening the backing and resource support from banking and securities capital for the exchange.