Bithumb signs Memorandum of Mnemonics with SSI Digital, plans to launch crypto exchange in Vietnam. South Korean crypto exchange Bithumb has announced that it has signed a Memorandum of Mnemonics (MOU) with SSI Digital (SSID) – a subsidiary of SSI Securities Company – to jointly establish and operate a cryptocurrency exchange in Vietnam. 🤝 The MOU was actually signed in March, but was only announced today. The two parties will collaborate on many areas to build the exchange, including wallet and custody systems, security, risk management, legal compliance, and product development. According to a statement from Bithumb, if approved by Vietnamese regulators, the exchange may consider making a strategic direct Capital in SSID's soon-to-be-established crypto exchange. (Source: The Block) Will SSIDs make a comeback and be more powerful than ever? 🤔