Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

THE TRUTH ABOUT: Bitkub - The Untold Story

Thailand's Biggest Crypto Exchange Bitkub Eyes $163M IPO In 2025

Bitkub is looking to sell shares to the public sometime in 2025, the crypto exchange's CEO revealed. This comes following the entry of Binance in the country and the exchange's past battles with regulations.

International Business Times

Crypto market aflutter

Last year was a rough one for cryptocurrencies as Bitcoin, the largest digital asset in the world, lost nearly 65% of its market value.

Bangkok Post

TAT makes move into the metaverse

The Tourism Authority of Thailand (TAT) plans to open its first virtual office in the Bitkub Metaverse in the third quarter of this year, in a bid to attract millennials and foreign tourists to bolster Thailand's digital economy.

Bangkok Post

From analysis to the latest developments in health,
read the most diverse news in one place.

Rebalance your portfolio

Investors have been keeping an eye on assets offering a decent return this year amid global market volatility and an economic slowdown.

Bangkok Post

Bitkub to invest in AI startup ThaiGPT

Bitkub, Thailand's leading cryptocurrency exchange, will invest in the newly-established ThaiGPT as part of the company's strategy to expand the business to the research and development of artificial intelligence (AI) technology.

Bangkok Post

A turbulent economic ride

The spotlight in the business sector this year has been on policy rate hikes, the revival of tourism and the telecom mega-merger.

Bangkok Post

Collapse of the SCB-Bitkub deal

Siam Commercial Bank (SCB), Thailand's oldest lender, announced on Aug 25 the collapse of its acquisition offer for 51% of the shares of Bitkub Online Co (Bitkub) from Bitkub Capital for 17.8 billion baht, citing regulatory issues.

Bangkok Post

Read news from The Economist, FT, and more,
with one subscription

Bitkub seeks local partner for overseas expansion

Bangkok-based Bitkub Capital Group Holdings Co has been in talks with prospective local partners in Southeast Asia regarding plans to expand beyond Thailand next year, says founder and group chief executive Jirayut Srupsrisopa.

Bangkok Post

SEC announces lawsuits for 'wash trading'

The Securities and Exchange Commission (SEC) is taking legal action against five entities for creating an artificial volume of digital assets on Bitkub and Satang cryptocurrency exchanges.

Bangkok Post

Crypto dreams dashed as regulators tighten rules

Thailand’s goal of becoming Southeast Asia’s leading trading centre for digital assets has suffered a setback, following moves by regulators to tighten rules in the wake of trading irregularities and the collapse of a major acquisition involving a crypto exchange.

Bangkok Post

SEC to check criteria for digital assets

The Securities and Exchange Commission (SEC) on Monday insisted that digital assets are required to meet the criteria as notified by the regulator to be traded on any private operator's exchange.

Bangkok Post

Crypto competition heats up

After months of market volatility and sliding prices, the digital asset landscape in Thailand is poised for intense competition, with new players lining up to enter the sector amid a tightening regulatory environment.

Bangkok Post

Gulf vows to stick with Binance deal

The scrapped Siam Commercial Bank (SCB)-Bitkub investment deal has not deterred Gulf Energy Development from its decision to venture into the digital asset business, with the company saying it was determined to benefit from the latest trend in new technology.

Bangkok Post

SEC tightens rules for digital asset ads

The Securities and Exchange Commission (SEC) took steps yesterday to tighten the rules governing the digital asset market and penalise businesses that breach regulations.

Bangkok Post

Get all your
news in one place.

100's of premium titles.
One news app.

Bangkok Post

Bitkub CTO to appeal insider trading

The chief technology officer (CTO) of Bitkub, Thailand's largest cryptocurrency exchange, said he will appeal against the Securities and Exchange Commission's (SEC) 8.53-million-baht fine for insider trading, and will remain in the position until the legal process is clarified.

Bangkok Post

B8.5m fine for Bitkub coin insider trading

The Securities and Exchange Commission has fined an executive member of Bitkub Blockchain Technology Co (BBT) 8.53 million baht for insider trading.

Bangkok Post

Crypto glitches prompt industry rethink

With the recent news of the SCB X-Bitkub deal falling apart and the Zipmex incident, investors in Thailand's digital currency market are facing a negative outlook. The Bangkok Post provides a recap of these events and gathers the views of investment analysts on the lessons learned and where things are…

Bangkok Post

Salutary lessons from the aborted Bitkub takeover deal

Stock analysts and industrialists in the digital asset business shared their views and the lessons learned after the aborted plan of SCB X group to acquire shares in the crypto exchange market Bitkub Online last week.

Get all your
news in one place.

100's of premium titles.
One news app.

Bangkok Post

Zipmex seeks meeting of potential investors with regulators

Zipmex, the operator of Asian crypto exchange that has sought protection from creditors, plans to bring together potential investors and regulators before it seals a fund-raising plan.

Bangkok Post

SCB X scraps Bitkub investment plan

SCB X Group's planned investment in Bitkub Capital Group Holdings' crypto exchange has been cancelled, amid uncertainty over Bitkub's settlement of regulatory issues with the Securities and Exchange Commission (SEC).

Bangkok Post

SCB scraps deal for Bitkub

Siam Commercial Bank (SCB) has scrapped a 17.8-billion-baht deal to buy a controlling stake in Bitkub Online, saying the country’s biggest digital asset exchange needs time to fix regulatory issues.

Bangkok Post

Siam Commercial Bank's purchase of crypto exchange Bitkub stalled

A deal to sell a majority stake in Thailand’s largest crypto exchange to the nation’s oldest bank remains stuck in due diligence more than eight months after the plan was unveiled, according to the platform’s co-founder.

Bangkok Post

Bitkub and Circle team up for USDC

Bitkub has joined hands with Circle, a peer-to-peer payment platform developer, to promote the digital stablecoin USDC in Thailand.

Bangkok Post

Bitkub deal delay casts doubts over SCB’s makeover

A delayed deal between Thailand’s oldest bank and its largest cryptocurrency exchange is raising doubts about the 115-year-old financial group’s ambition to become a regional fintech powerhouse.

Bangkok Post

SEC orders review of KUB coin listing

The Securities and Exchange Commission (SEC) ordered Bitkub Online to review KUB coin's presence on the exchange after finding it does not meet the regulatory listing requirements and criteria.

1 2

People

Elon Musk

26,951 stories

Kriengkrai Thiennukul

123 stories

Yuthasak Supasorn

100 stories

Sethaput Suthiwartnarueput

41 stories

Jeremy Allaire

37 stories

Sarana Boonbaichaiyapruck

19 stories

Sarath Ratanavadi

13 stories

Ruenvadee Suwanmongkol

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Securities and Exchange Commission

Bloomberg Intelligence

Read news from The Economist, FT, and more,
with one subscription

Topics

Artificial Intelligence

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.