Thailand’s Kasikorn Bank Buys Majority Stake in Satang Crypto Exchange for $103M

“K-Bank is intensifying its efforts in the cryptocurrency sector, positioning itself alongside SCB. They are keen on offering a full spectrum of crypto services permitted in Thailand,” Udomsak Rakwongwan, a professor at Kasetsart University and the co-founder of FWX.finance, which K-Bank invested in, told CoinDesk.

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• Source: https://www.coindesk.com/business/2023/10/30/thailands-kasikorn-bank-buys-majority-stake-in-satang-crypto-exchange-for-103m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines