Siam Commercial Bank abandons plans to purchase $500M stake in crypto exchange Bitkub
![Siam Commercial Bank abandons plans to purchase $500M stake in crypto exchange Bitkub](https://cryptoinvestment.at/wp-content/uploads/2022/08/siam-commercial-bank-abandons-plans-to-purchase-500m-stake-in-crypto-exchange-bitkub.jpg)
The bank cited concerns with Bitkub “resolving various issues” according to recommendations from the country’s Securities and Exchange Commission without a definite timeline.