- The Bank of Thailand has stated that it does not want commercial banks to be directly involved in the trading of crypto assets.
- The latest round of central bank suppression of digital assets comes at a time when commercial banks have been making investments in local cryptocurrency exchanges, according to a Bangkok Post report.
- In early November, Thailand’s oldest bank Siam Commercial Bank announced that it was acquiring a 51% stake in the country’s largest crypto exchange, Bitkub.
[Via]
