Thailand’s Kasikorn Bank Buys Majority Stake in Satang Crypto Exchange for $103M
Submitted by Anonymous (not verified) on Mon, 10/30/2023 - 07:40The move continues a trend of Thailand's major traditional financial institutions moving into crypto.
The move continues a trend of Thailand's major traditional financial institutions moving into crypto.
The partnership comes weeks after KBank, rival of SCBX’s parent, announced a $100 million web3 fund.
The partnership comes weeks after KBank, rival of SCBX’s parent, announced a $100 million web3 fund.
Thailand’s Revenue Department has unveiled its plans to impose personal income tax on the foreign earnings of residents.
Thailand-based Kasikornbank (KBank), one of the major banks in South East Asia, has launched a fund worth $100m targeting AI and Web3 globally.
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