Thai lender SCB terminates $500m investment in crypto exchange Bitkub

Thai lender SCB terminates $500m investment in crypto exchange Bitkub

Bitkub founder and CEO Jirayut Srupsrisopa (left) and SCB chief executive Arthid Nanthawithaya

SCB X, the holding company of Thailand’s oldest lender, Siam Commercial Bank, announced that it has terminated an investment transaction worth about $500 million with local crypto asset company Bitkub Online.

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