Hey there! Exciting news from BlockBeats – it looks like Kasikornbank (KBank), Thailand’s second largest bank, is making moves in the digital asset world. They are set to launch orbitx Custodian, which will be the country’s first licensed digital asset custodian. The Ministry of Finance has already granted orbitx Custodian a digital asset custodian license, and they will be under the watchful eye of the Thai SEC.
The license for orbitx Custodian was given on September 13, but it was just announced recently that they are expected to start operating in early 2025. Stay tuned for more updates on this exciting development! You can read more about it here.
