Strict Thai crypto regulation causes SCB to delay Bitkub acquisition

by Aurelia Butler 21 July 2022, 13:00 199 Views

As reported by Cointelegraph in November 2021, SCB X Group, a subsidiary of Siam Commercial Bank (OTC:SMUUY) (SCB), was set to acquire a 51% stake in Bitkub by the second quarter of 2022 as part of a plan to become a regional fintech. Now things seem to have taken a twist, as the bank has indefinitely postponed its plans to acquire the popular exchange.

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Source: Cryptocurrency - investing.com

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Strict Thai crypto regulation causes SCB to delay Bitkub acquisition

U.S. weekly jobless claims hit fresh 8-month high

Elon Musk’s Tesla Sells 75% of its Bitcoin in Q2, Records 32% Profit Drop from Q1

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