SCB delays acquisition of Bitkub due to strict Thai crypto regulations

SCB delays acquisition of Bitkub due to strict Thai crypto regulations

Due to strict cryptocurrency rules, Siam Commercial Bank (SCB) is unable to buy the largest local bitcoin exchange in the nation. A subsidiary of Siam Commercial Bank (SCB), SCB X Group, announced in November 2021 that as part of its strategy to establish itself as a regional fintech, it will buy a 51 percent ownership […]