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Dunamu, Upbit Operator, Partners with MB Bank to Launch Vietnam’s First Crypto Trading Platform

Dunamu signs an MoU with MB Bank to launch Vietnam’s first crypto exchange, while also reporting a threefold increase in cash dividends and highlighting Vietnam’s newly legalized crypto framework.

Fact Check
The statement is strongly confirmed by all provided sources. Multiple independent news outlets report that Dunamu, identified as the operator of Upbit, has signed a Memorandum of Understanding (MoU) with Vietnam's MB Bank. The explicit goal of this partnership, as stated in the evidence, is to launch Vietnam's first domestic or homegrown crypto trading platform.
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Summary

South Korea's Dunamu, operator of Upbit, signed an MoU with Vietnam’s Military Bank to launch the nation’s first crypto exchange. This structural deal comes as Vietnam legalizes crypto assets and implements a new digital law, while Dunamu disclosed a threefold increase in cash dividends and significant profit growth. Additionally, crypto journalist Sujha was recognized as Women In Crypto 2024 by BeInCrypto.

Terms & Concepts
  • MOU: A memorandum of understanding that outlines cooperation between parties without creating legally binding obligations.
  • Digital Asset Trading Platform: A system enabling the buying, selling, and trading of digital assets while ensuring regulatory compliance and security.
  • Digital Technology Industry Law: Vietnamese legislation that defines, classifies, and regulates crypto management, aimed at formalizing the digital asset market.