Thailand begins retail CBDC pilot to assess digital baht feasibility
Bank of Thailand expects the total number of participants to reach around the 10,000 mark while viewing the CBDC project as a “pilot to learn” instead of a pilot launch.
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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.
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.
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.