Avalanche Ecosystem Thrives Amidst Southeast Asian Crypto Regulation Growth
Avalanche Ecosystem Thrives Amidst Southeast Asian Crypto Regulation Growth
The Avalanche ecosystem sees positive developments with Primit, a decentralized exchange, successfully concluding its Season 1 trading campaign, which rewarded thousands of traders. In parallel, new partnerships are emerging to support Web3 and digital asset businesses in Southeast Asia, helping them navigate and comply with Vietnam's evolving crypto licensing framework, signaling growth and formalization in the region's crypto market.
The two-week campaign brought thousands of traders on-chain, with daily $500 prize pools and fully transparent, publicly verifiable winner selection. Primit, the decentralized perpetual exchange built on Avalanche, today announced the successful conclusion of its Season 1 trading campaign, a 14-day event that rewarded traders with daily prize pools and marked the platform’s first major
Bringing together zero-knowledge data infrastructure and end-to-end compliance to support Vietnam’s emerging crypto licensing regime Orochi Network, a verifiable data infrastructure built on zero-knowledge proof technology and Sumsub, an AI-powered trust infrastructure for compliance, today announced a strategic partnership to help Web3 and digital-asset businesses across Southeast Asia become compliance-ready as Vietnam establishes its licensing