Srettha government advised to brace for digitalisation, green transition

As the Srettha government is busy trying to revive the Thai economy, it is also facing a long-term dual challenge of keeping pace with digitalisation and the energy transition necessary…

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How SCBX got cold feet after ambitious bid for Bitkub stake

A 17.8-billion-baht offer by SCBX, the holding company of Siam Commercial Bank, for a majority stake in Bitkub Online was supposed to be the deal of the year in 2022….

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What’s Bitkub’s problem? Born too soon or existing too controversially?

If Jirayut Srupsrisopa is a true blockchain enthusiast, he must be uncorking the champagne when that massively-lucrative deal with the Siam Commercial Bank collapsed a few days ago. In an…

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Bitkub Blockchain Technology’s CTO banned from executive post for a year, fined

Thailand’s Securities and Exchange Commission (SEC) has barred an executive of Bitkub Blockchain Technology Company, a subsidiary of Bitkub Capital Group Holdings (BCGH), from holding an executive post in the…

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Poor market sentiment sinks SCB’s multi-billion-baht deal for Bitkub

Siam Commercial Bank (now named SCB X), Thailand’s oldest commercial bank, created a flutter in the markets in November last year when it announced a multibillion deal to buy a majority…

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SCB Securities terminates ฿17.8b deal to acquire shares in Bitkub Online

The SCB Securities (SCBS) Board of Directors passed a resolution today (Thursday) to terminate the purchase of a 51% stake in Bitkub, Thailand’s largest cryptocurrency exchange, worth over 17.8 billion…

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The Selfridges department store on Oxford Street in central London. (Photo by Glyn KIRK / AFP)

2021: The year of mergers and acquisitions that shook the markets

In one of the most-watched acquisition deals of 2021, Siam Commercial Bank Pcl (SCBX) on November 2 announced it was taking a 51 percent stake in Bitkub Online Company for…

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As crypto assets become more mainstream, potential implications for the wider economy are set to increase, said the IMF. (photo by @executium)

2021: The year of crypto craze and challenges it poses

Trading in digital assets in Thailand saw high growth in 2021, on par with global markets, as large numbers of investors have entered the market. The low-interest rates offered by…

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Adoption matters most in crypto trade, with giant techs expected to join the craze – Bitkub.com CEO

Adoption matters most in the cryptocurrency and blockchain industries, while giant techs “of the caliber of Google, Amazon, and Apple” are expected to diversify their assets into cryptocurrency, said Bitkub.com…

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