OKX, HashKey Back VPBank’s CAEX in Vietnam Crypto Pilot

Vietnam's cryptocurrency regulatory framework is taking shape with OKX Ventures and HashKey backing CAEX, a platform affiliated with VPBank, as part of the nation's controlled digital asset experiment. The Southeast Asian country has established a restrictive pilot program limiting cryptocurrency exchanges to just five licensed operators, while simultaneously cracking down on unauthorized offshore trading platforms. This strategic investment signals institutional confidence in Vietnam's emerging crypto infrastructure despite the government's cautious approach to blockchain technology adoption.