Bitkub in SEC sights over hack The Securities and Exchange Commission (SEC) submitted additional evidence to police over allegations Bitkub Online concealed a 2021 digital asset hack worth 1.7 billion baht. Bangkok Post · Aug 5
Where does Bitkub go from here? For years, Bitkub symbolised Thailand's cryptocurrency boom. It was the country's largest digital asset exchange, the creator of KUB Coin, and the startup that reached unicorn status after Siam Commercial Bank (SCB) announced a landmark acquisition worth 35 billion baht. Bangkok Post · Jul 26
SEC files criminal complaint over Bitkub's alleged concealment of B1.7bn hack The Securities and Exchange Commission (SEC) has filed a criminal complaint against Bitkub Online Co and two of its former directors, alleging they submitted false information to the regulator to conceal a cyberattack that resulted in the theft of digital assets worth about 1.7 billion baht. Bangkok Post · Jul 23
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 · Apr 2, 2024
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 · May 21, 2023
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 · May 12, 2023
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 · Apr 2, 2023
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 · Mar 7, 2023
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 · Dec 27, 2022
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 · Dec 26, 2022
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 · Nov 25, 2022
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 · Sep 28, 2022
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 · Sep 9, 2022
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 · Sep 5, 2022
Bangkok Post · Sep 4, 2022 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 · Sep 4, 2022 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 · Sep 1, 2022 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 · Aug 31, 2022 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 · Aug 31, 2022 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 · Aug 30, 2022 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 · Aug 29, 2022 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.
Bangkok Post · Aug 26, 2022 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 · Aug 25, 2022 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 · Aug 25, 2022 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 · Aug 1, 2022 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.