Summary:
- Thai banks may soon be allowed to hold and trade cryptocurrencies, according to the CEO of SCB10X, the fintech arm of Siam Commercial Bank.
- The CEO stated that the Bank of Thailand is considering allowing banks to hold and trade cryptocurrencies, which could lead to increased adoption and integration of digital assets in the Thai financial system.
- This potential regulatory change could open up new opportunities for banks to offer cryptocurrency-related services to their customers, further driving the growth and mainstream acceptance of digital assets in Thailand.