Thailand’s Second-Largest Bank to Launch Country’s First Licensed Digital Asset Custody Service
Golden Finance reported that Kasikornbank (also known as KBank), the second largest bank in Thailand by assets, plans to launch orbitx Custodian as the country's first licensed digital asset custodian. Orbitx Custodian has obtained a digital asset custodian license issued by the Ministry of Finance and will be regulated by the Thai SEC. The license for orbitx Custodian was obtained on September 13, but it was not announced until two weeks later. The business is expected to start operations in early 2025. Kasikornbank will own orbitx Custodian through its digital business-focused subsidiary Unita Capital.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: As YZY falls below $1, a trader makes $202,000 in unrealized profit by shorting YZY with 3x leverage
Data: Ethereum Spot ETF Saw Net Outflows of $240 Million Yesterday, the Third Highest on Record

Trending news
MoreCrypto prices
More








