Kasikornbank (KBank) denied announcing a partnership with Binance, the world's largest digital exchange, saying it is interested in establishing and investing in digital asset businesses, but has not decided on how to proceed with such projects.
Binance recently announced a partnership with Gulf Energy Development Plc (Gulf) to study the feasibility of establishing a digital exchange in Thailand.
Peeradej Tanruangporn, chief executive of digital asset exchange Upbit Thailand, said Binance has been trying to penetrate digital asset markets in Southeast Asia and around the world.
