Bitcoin News / Bitcoinist - 3 weeks ago
In a move signaling the maturation of the crypto market in Thailand, Bitkub Capital Group Holdings, the proprietor of the nation’s foremost crypto exchange, has announced its intention to conduct an initial public offering (IPO) by 2025.
This r...
Cryptocoins News / CoinJournal - 3 weeks ago
Bitkub, Thailand’s top crypto exchange, plans IPO in 2025 to boost its profile and raise funds.
IPO preparation includes hiring advisors.
Bitkub eyes global expansion amidst rising competition & regulatory scrutiny.
Bitkub Capital Group H...
Bitcoin News / Bitcoinist - 1 year ago
Thailand was the first in Southeast Asia to implement digital-assets regulations in 2018. The move attracted investors to cryptocurrencies. After that, however, the crypto industry started facing setbacks as regulators tightened rules during trading...
Cryptocoins News / The Cointelegraph - 1 year ago
2022 has proven to be a regulatory disaster for Thailand’s largest crypto exchange as it has faced multiple enforcement actions and fines worth hundreds of thousands of dollars....
Cryptocoins News / Finance Magnates - 1 year ago
<p>The CTO of Bitkub, Samret Wajanasathian appeals against the Securities and Exchange Commission's (SEC) fine. The SEC accused Samret of insider trading, which took place in 2021.</p><p>The SEC barred Wajanasathian from his po...
Cryptocoins News / Finance Magnates - 1 year ago
<p>Thailand’s Securities and Exchange Commission (SEC) has slapped an 8.53 million baht (around $234,000) monetary penalty on Bitkub Blockchain Technology Co (BBT), a part of the Bitkub group, for the involvement of one of its executives in ins...
Cryptocoins News / Blockchain - 1 year ago
Samret Wajanasathian, the Chief Technology Officer of BitKub, has been fined by the Thai Securities and Exchange Commission (SEC) in a rare insider trading case in the local crypto ecosystem. (Read More)
Cryptocoins News / The Cointelegraph - 1 year ago
“The act of Mr. Wajanasathian is an offense of buying KUB coins by being a person who knows or possesses inside information,” said Thailand's financial regulator. Thai...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
Thailand regulators have issued a fine to Samret Wajanasathian, the Chief Technology Officer of local crypto exchange Bitkub.Wajanasathian purchased tokens with inside information shortly before the exchange announced a major acquisitio...
Cryptocoins News / Blockchain - 1 year ago
Siam Commercial Bank (SCB), the oldest commercial banking institution in Thailand has announced the effective termination of its proposed deal to acquire the BitKub exchange. (Read More)
Cryptocoins News / CoinJournal - 1 year ago
SCBX announced its acquisition of Bitkub in November last year.
The Thai Securities and Exchange Commission raised issues over Bitkub’s listing of a token last month.
SCBX Pcl, the oldest commercial lender in Thailand, has pulled out of a dea...
Cryptocoins News / The Cointelegraph - 1 year ago
The bank cited concerns with Bitkub “resolving various issues,” according to recommendations from the country’s Securities and Exchange Commission without a definite timeline....
Cryptocoins News / Finance Magnates - 1 year ago
<p>Thailand’s oldest lender, Siam Commercial Bank (SCB) has abandoned the deal to acquire a controlling stake in Bitkub Online, the country’s largest <a href="https://www.financemagnates.com/terms/c/cryptocurrency-exchange/" target...
Bitcoin News / Bitcoinist - 1 year ago
Thailand’s Plan of tightening crypto regulations have caused major setback to retail investors and digital asset enthusiasts. Adding to this, several companies have received a major blow due to this decision. Increased supervision on digital as...
Bitcoin News / Bitcoin.com - 1 year ago
The company that owns Thailand’s Siam Commercial Bank has postponed a deal to acquire a majority stake in Bitkub, the country’s largest cryptocurrency exchange. The decision comes amid tightening crypto regulations that limit growth in...
Cryptocoins News / The Cointelegraph - 1 year ago
Thailand’s oldest bank is unable to acquire the country’s largest local cryptocurrency exchange due to stringent crypto regulations.
As reported by Cointelegraph in November 2021, SCB X Group, a subsidiary of Siam Commercial Bank (SCB), was set to a...
Cryptocoins News / Blockchain - 1 year ago
As part of collective responsibility, should take up the mantle of enhancing financial knowledge about digital assets so that investors are aware of downside factors, Topp Jirayut Srupsrisopa, the CEO of Thailand-based crypto exchange Bitkub.
Vol...
Cryptocoins News / NewsBTC - 2 years ago
Thailand startup Bitkub Capital Group Holdings, founded in 2018, hit unicorn status last month notching up a valuation of over $1 billion. Now the crypto exchange intends to expand over Malaysia, the Philippines, and Laos, aiming to become “the Coinb...
Cryptocoins News / The Cointelegraph - 2 years ago
CEO Arthit Nanthawittaya said the acquisition was based on the growth of businesses in the digital asset space over the last two years and the expected value in the long term....