Southeast Asia Crypto Firms Get Boost from Sumsub-Orochi Compliance Partnership
Sumsub and Orochi Network have formed a strategic partnership to help Web3 and digital-asset businesses in Southeast Asia meet compliance requirements. This comes as Vietnam introduces its new licensing framework for crypto assets, shifting away from regulatory ambiguity.
The tie-up aims to support both compliance obligations and continued innovation in the sector. Under the partnership, Orochi Network's ecosystem will gain access to Sumsub's trust infrastructure, which brings together identity and business verification, fraud prevention, continuous monitoring, risk management, and Travel Rule compliance within a single platform.
Sumsub's technology spans more than 220 countries and territories and is designed to adjust to shifting regulatory demands. Orochi Network acts as an official advisor to Da Nang on the city's international financial centre initiative, positioning it between Web3 developers and regulators.