Current Operational Status of VIXEX Crypto Exchange
VIXEX Crypto Exchange is currently in the compliance piloting phase for digital tokenized assets, spearheaded by the Vietnamese government. It has not yet officially launched full-scale commercial operations to the public.
Vietnam crypto exchange VIXEX’s Current Operational Status and Latest Developments
1. Selected for the Initial Official Pilot Program
At the beginning of 2026, the Vietnamese government officially implemented the Law on Digital Technology Industry, defining crypto assets under law for the first time and launching a 5-year pilot program for crypto asset trading. VIXEX has successfully passed the preliminary documentation review by regulatory bodies, including the State Securities Commission of Vietnam, securing its place as one of the 5 shortlisted pilot exchanges (alongside companies like LPEX, backed by Loc Phat Bank, and a digital asset company supported by tech giant Sun Group).
2. Facing a 9 Trillion VND Capital Increase Threshold
Under the Vietnamese government’s latest regulations regarding tokenized asset exchange pilots (Resolution No. 05/2025), compliant operating platforms must meet a minimum registered capital requirement of 10 trillion VND (~USD 380 million).
This leaves VIXEX’s existing capital of 1 trillion VND with a massive deficit of 9 trillion VND (~USD 342 million). To address this, shareholder VIX Securities raised funds via a stock issuance in 2026, planning an additional investment of at least 1.35 trillion VND into VIXEX to maintain its equity stake.
3. In a One-Year Technical & Legal Rectification Period
According to disclosures by VIXEX management at a shareholder meeting in mid-2026, all pilot participants—including VIXEX—have approximately one year to fully meet regulatory mandates. Current operational priorities are focused on three core compliance milestones rather than user acquisition and trading volume:
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Building blockchain and trading technical infrastructure that meets official audit standards.
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Completing legal compliance documentation regarding user privacy, Anti-Money Laundering (AML), and investor protection.
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Executing the capital injection plan with major shareholders.
Summary
As one of the first 5 compliant pilot crypto exchanges in Vietnam to pass official preliminary review, VIXEX is in a critical preparatory phase spanning regulatory compliance, capital expansion, and technical infrastructure development.