Da Nang, Binance ink MoU on blockchain and digital asset development
DNO - As part of the ongoing visit by the delegation of Vietnamese officials to the United Arab Emirates (UAE) and Germany, the Da Nang People’s Committee signed a Memorandum of Understanding (MoU) with Binance on developing blockchain technology and digital assets on Wednesday.
The Vietnamese delegation is led by Permanent Deputy Prime Minister Nguyen Hoa Binh.
At the Wednesday meeting in the UAE with Binance CEO Richard Teng, Permanent Deputy Prime Minister Nguyen Hoa Binh called on Binance to establish an office and trading platform in Da Nang as well as cooperate closely with Vietnam’s International Financial Center to deploy a crypto asset trading floor.
In reply, Binance CEO Richard Teng agreed to help develop a crypto asset market and a financial center in Vietnam from Abu Dhabi's experiences.
On the occasion, Deputy Secretary of the Da Nang Party Committee cum Chairman of the municipal People's Committee Pham Duc An, and Mr. Richard Teng, signed a Memorandum of Understanding on developing blockchain technology and digital assets.
Also on the same day, Permanent Deputy PM Binh met with leaders of Bybit, the largest crypto exchange in the UAE, and the Emaar Properties, one of the leading real estate developers in the UAE.