The Bank of Thailand's new rule to cap investment by commercial banks in digital asset businesses at under 3% of their capital may affect Siam Commercial Bank's (SCB) 17.85-billion-baht investment deal in Bitkub Online as its value exceeds the limit.
Analysts from Asia Plus Securities (ASPS) said the new criteria put Bitkub at a disadvantage because it may drive SCB to either negotiate for a lower price or postpone the deal from the end of the month.
