Crypto gets shot in arm

The future outlook for cryptocurrencies in Thailand is promising after SCBx Group acquired 51% of Thailand’s leading digital asset exchange, Bitkub Online Co, with a huge investment value of 17.85 billion baht.

The deal could become a major driving force for cryptocurrency trading in Thailand.

Thailand was ranked 11th of the countries and economies with the greatest interest in crypto in 2021 on the Crypto Interest Index conducted by Coinformant, a leading crypto exchange in Australia.

The ranking criteria are based on people’s engagement in cryptocurrency, the amount of cypto ownership, and articles and searches over the last 12 months.

Source: https://www.bangkokpost.com/opinion/opinion/2211415/crypto-gets-shot-in-arm