Vietnam’s Blockchain and Digital Assets Association (VBA) has signed a memorandum of understanding (MoU) with KuCoin and 1Matrix to support the country’s 2025–2030 blockchain strategy. The collaboration will focus on building secure digital asset trading platforms, payment systems, and electronic identity tools, alongside international-standard risk management frameworks.
Key aspects include a digital ID system for secure user authentication. Roles are divided among partners: KuCoin brings expertise in tokenisation and DeFi, 1Matrix manages local infrastructure, and VBA ensures regulatory compliance. The initiative also aims to integrate blockchain into logistics, finance, and trade, while fostering education, startups, and community trust in the sector.