Thailand's Siam Commercial Bank's SCB 10X appoints Mukaya Panich as new CEO to lead crypto investment business

[SCB 10X, a subsidiary of Siam Commercial Bank in Thailand, appointed Mukaya Panich as the new CEO to lead the encryption investment business] According to news on August 4, SCB 10X, the venture capital department of Thailand Siam Commercial Bank (SCB) and the holding company of SCB Group, stated that it has Appointing its chief risk and investment officer, Mukaya Panich, to succeed former CEO Arak Sutivong, Panich will be responsible for leading Web3, DeFi and blockchain investments.

Panich will also continue as chief investment officer, SCB 10X said. SCB10X also said it had promoted Pailin Vichakul, its partner and head of strategic planning, to chief operating officer. (Blockworks)

Other news:

ABIT reached a strategic cooperation agreement with Thailand's Taishern Group: According to official news, ABIT has recently reached a strategic cooperation agreement with Thailand's Taishern Group.

Taisheng Group is a large-scale comprehensive real estate group integrating land development, real estate development, real estate sales and property management. Its headquarter is located in Hua Hin, Thailand, and it has offices in Bangkok, Pattaya and other places.

Based on this strategic cooperation, the real estate projects under Taisheng Group will be the first batch of pilot application scenarios for the payment ecology of ABIT Token. The two parties will also cooperate closely around many offline application fields in the Southeast Asian market to realize the organic combination of online and offline. Enrich the diversified territory of AB payment ecology.

ABIT is a trading platform founded in Australia, dedicated to providing safe, stable and efficient digital asset trading services for global users. [2020/6/16]

Voice | Governor of the Bank of Thailand: The Bank of Thailand's digital currency project Inthanon has made good progress: During the 2020 World Economic Forum (WEF) in Davos, Veerathai Santiprabhob, Governor of the Bank of Thailand, said in a press statement: "The Bank of Thailand is Good progress has been made on a large-scale central bank digital currency project called Inthanon, and based on our experience, we need to find a trade-off between the benefits of use cases and their associated risks on different dimensions." [2020/1/23]

News | Thailand's Tai Cheng Bank and the Bank's Petroleum Department jointly developed blockchain technology: According to the Bangkok Post, Thailand's fifth largest bank, Tai Cheng Bank (krungsri), and the petrochemical business unit IRPC of the Thai Government Savings Bank (GSB) announced today that they will cooperate The deployment of the blockchain technology krungsri Blockchain Interledger developed by Dacheng Bank means that this is Thailand's real-time transfer of funds for oil trade under the framework of the Bank of Thailand's regulatory sandbox. [2019/1/31]