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❕NEWS Thai bank acquires crypto company

Yugocean

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Kasikorn Bank, Thailand's second largest bank, recently acquired a 97% stake in technology company Saitang Corporation.

Saitang Exchange is the largest cryptocurrency exchange in Thailand, and Saitang Corporation is its parent company.

Thus, Kasikorn Bank has made Aitang Exchange its subsidiary. Banks and crypto exchanges are considered rivals, but sometimes the opposite happens.​
 
It is only in Thailand that banks and the crypto sector are not rivals. I think this is majorly because the Thai government has made them to see points of collaboration that can benefit the two sub sectors of finance.
 
I think it's good if they are actually acquiring more cryptocurrency company , it would be also good if they actually put more concern in building the company to the required range and others
 
It is always good in one way but if they acquire too much as a company they can try to manipulate the markets though that is possible only if they acquire thousands or minimum btc and that is not an easy task it requires much money and clearances actually indeed .
 
It is always good in one way but if they acquire too much as a company they can try to manipulate the markets though that is possible only if they acquire thousands or minimum btc and that is not an easy task it requires much money and clearances actually indeed .
Many of the tactics that many companies are adopting is actually an important concept , the thing is that many companies are actually acquiring more bitcoin they really sees it as an opportunity to manipulate and it have worked for many
 
Yes you are right many companies see it as a potential opportunity to take advantage of and they are indeed doing their best indeed to make sure that they are never behind and they are taking position at the right time actually indeed to be honest .
 
Yes you are right many companies see it as a potential opportunity to take advantage of and they are indeed doing their best indeed to make sure that they are never behind and they are taking position at the right time actually indeed to be honest .
yeah a lot sees it as a potential opportunity to take advantage of , many actually sees the potential and they are ready to do anything just so they could take advantage of the opportunity at every point in time
 
definitely that is how you can take advantage of the market and can make money as well it requires effort and therefore you should always be ready for it so that you can succeed dearly on the long run actually indeed to be honest .
 
definitely that is how you can take advantage of the market and can make money as well it requires effort and therefore you should always be ready for it so that you can succeed dearly on the long run actually indeed to be honest .
It had always require effort from you when trading you should actually learn the marketing segment , taking consideration of a lot of factors should be on your major ordeals and others I think tho
 
Indeed we have to be vigilant always because only then we can succeed and earn money it is not an easy task actually and therefore people who are earning money from trading and investments are mostly very active and agile on market moves and take action very fast indeed .
 
I think it's good if they are actually acquiring more cryptocurrency company , it would be also good if they actually put more concern in building the company to the required range and others
Indeed we have to be vigilant always because only then we can succeed and earn money it is not an easy task actually and therefore people who are earning money from trading and investments are mostly very active and agile on market moves and take action very fast indeed .

Usually banks do not have a positive opinion about cryptocurrency investments. This is due to the fact that they consider stock investments and Forex investments as dependable investments up till now. The chances are that they may consider cryptocurrency investments in the future. However, this is a rare site. It seems like the Thai bank may have had adopted cryptocurrency investments, but they may still have their own reservations regarding this. This is because banks still believe in Forex and stock markets.
 
yes indeed you are right many of the banking sector options are highly skeptical about these sort of things and they are always reluctant to the things proposed for them by the crypto sector that is why you can never expect them to be learning towards crypto actually because that is going to be a tough thing for the banking sector indeed m
 
yes indeed you are right many of the banking sector options are highly skeptical about these sort of things and they are always reluctant to the things proposed for them by the crypto sector that is why you can never expect them to be learning towards crypto actually because that is going to be a tough thing for the banking sector indeed m

Well, banks and other kinds of institutes are sceptical due to many reasons. Cryptocurrencies are not controlled by anyone and they are created by anonymous people. Apart from that, cryptocurrencies are hardly controlled by the government. This means that banks and other major institutes hardly have any control over them. Since they have no control over, them, they prefer not to put their investments in such assets.
 
Usually banks do not have a positive opinion about cryptocurrency investments. This is due to the fact that they consider stock investments and Forex investments as dependable investments up till now. The chances are that they may consider cryptocurrency investments in the future. However, this is a rare site. It seems like the Thai bank may have had adopted cryptocurrency investments, but they may still have their own reservations regarding this. This is because banks still believe in Forex and stock markets.
There are still banks that loves crypto currency , some even adopt it as exchange platform and they call themselves crypto banks ,it all depends on the kind of bank to be very honest I think that's the concen
 

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