Siam Commercial Bank

Kasikorn Bank of Thailand, commonly referred to as K-Bank, recently announced its acquisition of 97% of shares in the parent company of the Satang crypto exchange. This platform has been operational since 2017. The transaction, valued at approximately 3.705 billion Thai baht (around $102.8...

The Siam Commercial Bank — Thailand's oldest bank — acquired a majority stake in local cryptocurrency exchange Bitkub. What To Know: The Siam Commercial Bank paid 17.85 billion baht ($536.6 million) for the Bitkub stake, according to Tuesday's announcement. The transaction is...