WebNov 3, 2024 · Siam Commercial Bank announced last night it had struck a deal to obtain a majority of shares in cryptocurrency exchange platform Bitkub for THB17.85 billion (US$535 million). The latest in a string of digital asset moves by Thai financial institutions, the deal would give SCB a 51% stake in the crypto startup which, since its 2024 launch, now says … WebTransfer your money safely and easy to any bank in Thailand. Transfer fund overseas securely, conveniently, and instantly. Pay all utilities, taxes, loans and more. Top up mobile phone credits, e-wallet, and Easy Pass. Check balance and detail all your SCB accounts on EASY Net. Open SCB online deposit accounts without visiting branch and ...
DeFi cannot be fully regulated, Siam Commercial Bank president …
WebNov 2, 2024 · According to a Tuesday announcement, Siam Commercial Bank’s SCB X … WebNov 4, 2024 · In a significant effort to gain cryptocurrencies, Siam Commercial Bank, which is the largest shareholder in the nation, will get 51% of Bitkub for 17.85 billion baht, equal to $535 million. This agreement is now waiting for administrative approval, expecting its completion by the first quarter of 2024. The exchange’s coins rose by 200% ... imshow missing argument mat
DeFi to upend banks in the future, say experts
WebNov 2, 2024 · According to a Tuesday announcement, Siam Commercial Bank’s SCB X Group is expected to buy a 51% stake in Thailand-based crypto exchange Bitkub for 17.85 billion baht (roughly $536.7 million) by ... WebAug 25, 2024 · Termination of a Major Crypto Deal. SCB inked a deal with Bitkub last November to purchase a 51 percent stake in the crypto exchange for 17.85 billion baht ($500 million). The transaction was supposed to be completed by the first quarter of 2024, but faced unexpected delays and now termination of the deal. The Thai lender also … WebPopular bank Siam Commercial Bank (SCB) has terminated its deal to acquire Thailand’s crypto exchange platform Bitkub. The banking giant announced the development in its latest press release ... imshow missing required argument