Thailand SCB10X new CEO: Thailand's banks will pilot holding encryption assets under the regulatory sandbox.

GateNews

According to Gate News bot, CoinDesk reported that Kaweewut Temphuwapat, the new CEO of SCB10X, a venture capital institution under Siam Commercial Bank (SCB), recently gave a speech. He pointed out that Thai regulators are taking an actively innovative approach in the field of encryption finance, while Thailand’s payment infrastructure remains robust.

Kaweewut Temphuwapat revealed that Thai banking institutions, including Siam Commercial Bank, are preparing to pilot direct holdings of encryption assets under a sandbox framework. He emphasized: “This is a clear intention, and the regulatory authorities have allowed us to proceed on a small scale.”

Original link

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
Everyone'sFathervip
· 2025-05-27 03:37
Bullish
View OriginalReply0