Technology
Thailand's Siam Commercial Bank abandons its $500M acquisition of Thai crypto exchange Bitkub, announced in 2021, saying Bitkub needs to fix regulatory issues (Kari McMahon/The Block)
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Kari McMahon / The Block:
Thailand’s Siam Commercial Bank abandons its $500M acquisition of Thai crypto exchange Bitkub, announced in 2021, saying Bitkub needs to fix regulatory issues — – Thailand’s oldest bank SCB is abandoning its $500 million deal to acquire crypto exchange Bitkub.
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