COMMIT FRAUD

Last updated: June 18, 2025, 18:50  |  Written by: Elizabeth Rossiello

Commit Fraud
Commit Fraud

Major Thai Bank SCB Acquires 51% Stake in Cryptocurrency

Siam Commercial Bank abandons plans to purchase $500M stake

Strict Thai crypto regulation causes SCB to delay Bitkub acquisition

Siam Commercial Bank

Strict Thai crypto regulation causes SCB to delay Bitkub

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

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

Thailand

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 Scraps $500M Purchase of Stake in

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

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

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

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

Siam Commercial Bank

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

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

Elizabeth Rossiello can be reached at [email protected].

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