Thailand’s Siam Commercial Bank holding company SCBX said in a regulatory filing that it has extended the due diligence period for its investment in local cryptocurrency exchange Bitkub.
In a filing with the Securities and Exchange Commission (SEC) of Thailand, the company said that the acquisition of Bitkub shares is subject to the rules and regulations of the relevant regulators, subject to the due diligence results being satisfactory in material respects and the parties meeting all the conditions set out in the share purchase agreement. condition.