03:33
Thailand SCB10X new CEO: Thailand's banks will pilot holding encryption assets under the regulatory sandbox.
According to Gate News bot and CoinDesk, Kaweewut Temphuwapat, the new CEO of SCB10X, the venture capital arm of Siam Commercial Bank (SCB), recently gave a speech. He pointed out that Thai regulators have taken 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 regulators have allowed us to proceed on a small scale."
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