Is TCEX a Centralized Exchange in Vietnam?
Yes, TCEX is one of Vietnam’s planned local compliant centralized digital asset exchanges (CEX). TCEX is an affiliate of Techcombank, a major private commercial bank in Vietnam, and has submitted initial licensing applications under the Vietnamese Ministry of Finance’s crypto asset market pilot initiative.
TCEX Compliance
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Regulatory Standing: TCEX is among the first batch of local compliant platforms to pass preliminary review as the Vietnamese government moves to regulate the domestic crypto market, introduce licensing regimes, and restrict offshore exchanges like Binance.
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Pilot Regulatory Framework: TCEX is applying to participate in the digital asset trading pilot regulatory framework established under Resolution No. 05/2025/NQ-CP. This framework imposes stringent requirements on centralized platforms, including a minimum registered capital threshold of 10 trillion VND, mandatory cold wallet storage ratios, and Level-4 information security standards.
TCEX Scope of Business
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Integrated Financial Services: Operating as a traditional centralized exchange (CEX), TCEX plans to provide integrated financial services, including cryptocurrency trading, asset custody, and Real-World Asset (RWA) tokenization.
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Fiat On/Off-Ramps: Leveraging the banking system of its parent group, Techcombank, TCEX will offer compliant, seamless fiat on/off-ramp and settlement services between the Vietnamese Dong (VND) and digital assets.
Vietnam crypto exchange TCEX is currently in the early stages of regulatory compliance approval and technical preparation. It is widely regarded by the market as one of the most likely platforms to secure official approval and launch pilot operations in Vietnam’s first cohort of compliant centralized exchanges.