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The BEST Crypto-Friendly Banks to Use in 2024 (Monzo, Revolut, Wirex)Kasikornbank, one of Thailand's largest banks, has acquired a cryptocurrency exchange, Satang, and created a custody subsidiary. A new acquisition suggests competition among regional Thai banks for exposure to the Bitcoin and crypto sector is on the rise. Thailand's Kasikornbank, also known as KBank, acquired 97% of shares in the operator of the Satang crypto exchange.
