The Sacom crypto-asset exchange (SCEX), where the son of Sacombank vice chairman Nguyễn Đức Thụy serves as vice chairman, has completed a capital increase from VND 5,000 billion to VND 10,000 billion, the minimum required to run a digital asset exchange. A filing published on the National Business Registration Portal on October 14 shows all capital was paid in cash and no foreign shareholders have been recorded. Under the rules, 35% of capital must be held by at least two banks, securities firms, fund managers, insurers or technology companies. SCEX is the third asset company to reach VND 10,000 billion in charter capital, after CAEX and Vimexchange. Vietnam is piloting a crypto-asset market for five years, and the Ministry of Finance began accepting licence applications on January 20, with a target of up to five firms.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Công ty tài sản số liên quan con trai ông Nguyễn Đức Thụy tăng vốn lên 10.000 tỷ đồng
Read the original on VnExpress ↗
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