Kasikorn Bank

SEBA received its in-principle approval in August, and has now received the full licence.

Thailand's KBank ventures into the crypto space with a strategic acquisition, signalling growing interest in the digital asset market.

Thailand's Kasikorn Bank, commonly known as KBank, has completed the acquisition of 97% of the shares in the parent company of the Satang crypto exchange.

The 100 Digitally Native Note issued by the IBRD was listed on the Luxembourg Stock Exchange.

Traditional UK banks have recently tightened their stance on cryptocurrency-related activities, resulting in numerous account closures and stricter policies. This shift in the financial landscape has prompted around 38% of crypto investors in the UK to switch banks.

The bank currently holds three licenses for crypto, but has thus far refrained from rushing into the space

He had previously served for 30 years at JPMorgan

The Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) embarked on this research venture last year, aiming to explore the possibilities associated with asset digitisation and the utilisation of CBDCs.

While noting the possibility of market interest, the Bank underscored the formidable two-sided payment market barriers essential for CBDC's utility.

According to multiple reports from Korea, Hana Bank is starting to explore blockchain-based deposit tokens for...