South Korea’s Upbit partners with Vietnam defense ministry-affiliated bank

Dunamu, operator of South Korea’s Upbit exchange, has signed a memorandum of understanding (MOU) with Military Commercial Joint Stock Bank (MB Bank), one of Vietnam’s four largest banks, The Korea Economic Daily reported. Founded in 1994 under Vietnam’s Ministry of National Defence, MB Bank will work with Dunamu to launch a cryptocurrency exchange and strengthen investor protections.

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