Latest Siam Commercial Bank News

Abstract futuristic technology background of Bitkub coin

Business 2 September 2022

Thai SEC announces enforcement action against Bitkub’s CTO over suspected insider trading

Bitkub's CTO faces sanction on charges of allegedly taking advantage of SCBX's planned 51% stake bid in the exchange platform to boost his KUB token investment.

Business 30 August 2022

Thailand’s SCBX bank scraps 51% stake bid in Bitkub over unresolved regulatory compliance issues

Thailand's SCBX may have called off plans to purchase shares in digital exchange Bitkub but has refused to close doors to future collaboration with the troubled platform.

Business 6 November 2021

Thailand’s oldest bank buys 51% stake in Bitkub exchange

Siam Commercial Bank invested $537 million to buy into Bitkub, with the CEO saying that the purchase was based on the growth in the sector over the past two years.