Bithumb partners with top Vietnamese securities firm for local crypto exchange

South Korean crypto exchange Bithumb has signed a comprehensive memorandum of understanding (MOU) with SSID, a subsidiary of Vietnam's largest securities firm SSI Securities, to pursue a local virtual asset exchange business, Newsis reported. The two companies plan to cooperate on the overall establishment and operation of the exchange, including: - Technical architecture and development - Wallet and custody systems - Security and risk management - Regulatory support and knowledge transfer - Business and product development - Institutional business