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Siam Commercial Bank

Major Thai Bank SCB Acquires 51% Stake in Cryptocurrency

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

Strict Thai crypto regulation causes SCB to delay Bitkub acquisition

Siam Commercial Bank Scraps $500M Purchase of Stake in

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

Strict Thai crypto regulation causes SCB to delay Bitkub

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

Siam Commercial Bank abandons plans to purchase $500M stake

Siam Commercial Bank

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

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

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

Thailand

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

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