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HOT Airdrop/Retroactive tasks

Following TCEX, the SCEX exchange has passed the first round of licensing for digital asset exchanges in Vietnam.

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On May 7, the digital asset exchange SCEX, formerly known as LPEX, officially announced that it has passed the first evaluation round in the digital asset exchange licensing process implemented by the Ministry of Finance.

According to the published information, SCEX is the next name to complete the initial pre-qualification round, following TCEX – a platform associated with the Techcombank ecosystem – which also passed the first evaluation round earlier. The fact that two exchanges have consecutively passed the initial stage indicates that the licensing process for the digital asset market in Vietnam is beginning to make practical progress rather than just stopping at policy orientation as in the previous phase.

After passing round 1, SCEX and TCEX will continue to enter the second evaluation round with stricter requirements, focusing on financial capacity, operational facilities, technology infrastructure, risk management capabilities, as well as security and system safety standards. This is considered a crucial stage for regulatory agencies to assess whether the platforms meet the conditions to operate a digital asset exchange under the new legal standards.

Meanwhile, the remaining three entities, including CAEX, VIXEX, and Vietnam Digital Asset JSC, have not yet provided any new updates related to the initial evaluation results. This keeps the market closely watching to see which names will be selected to proceed to the experimental phase or official licensing in the future.

HOT airdrop/retroactive tasks