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Last updated: June 18, 2025, 21:54  |  Written by: Gavin Wood

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Siam Commercial Bank

Siam Commercial Bank Scraps $500M Purchase of Stake in

Siam Commercial Bank (SCB), Thailand’s oldest lender, abandoned a plan to buy a majority of Bitkub Online, the country’s largest crypto exchange, citing unresolved

Siam Commercial Bank abandons plans to purchase $500M stake

Thailand’s SCB discards a $500m buy-plan in this

Strict Thai crypto regulation causes SCB to delay Bitkub

Thailand’s SCB is Buying 51% of Bitkub - Blockworks

Thailand

Major Thai Bank SCB Acquires 51% Stake in Cryptocurrency

Strict Thai crypto regulation causes SCB to delay Bitkub acquisition

Thailand’s oldest lender, Siam Commercial Bank (SCB), announced Tuesday that its subsidiary, Siam Commercial Securities Company Ltd. (SCBS), is acquiring a 51% stake in local crypto

Siam Commercial Bank

As crypto trading continues to be hampered by regulation, SCB X has indefinitely decided not to move forward with a $487 million offer for a 51% stake in Bitkub, Thailand’s major

In a Thursday announcement, Siam Commercial Bank’s SCB X Group said it would no longer be paying 17,850 million Bahtroughly $536 million in November and

Siam Commercial Bank, Thailand’s oldest bank, has acquired a 51% stake in crypto exchange Bitkub for 17.85 billion Thai baht (around $537 million). Bitkub announced the news on

Thailand’s oldest bank SCB acquires 51% stake in crypto exchange

Thailand's SCBX bank scraps 51% stake bid in Bitkub

Gavin Wood can be reached at [email protected].

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