Popular 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. Siam Com...
Tag: Siam
Siam Bank Terminates Stake Acquisition Deal With Crypto Exchange Bitkub
Thailand’s oldest bank, Siam Commercial Bank (SCBX), will no longer follow through with its plans to acquire a 51% stake (over $500 million) in local crypto exchange Bitkub. Coinfomania reported last ...
Siam Commercial Bank Is Chasing DeFi Yield Through Compound
“Not only are we an investor and a builder, we also wanted to adopt these types of disruptive technology to use, especially to use inside a bank,” said Panich in an interview. “We think Compound has c...