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Stock analysts and industrialists in the digital asset business shared their views and the lessons learned after the aborted plan of SCB X group to acquire shares in the crypto exchange market Bitkub Online last week.
SCB X Group's planned investment in Bitkub Capital Group Holdings' crypto exchange has been cancelled, amid uncertainty over Bitkub's settlement of regulatory issues with the Securities and Exchange Commission (SEC).
Digital technology plays an increasing role in people's lives and global business, leading to the emergence of the metaverse and cryptocurrencies, to mention two. Business needs to learn, prepare and adapt to changes. NFTs is named as one of the digital assets that can be a new income source and investment for people in this era. It also provides new marketing opportunities for businesses and adds value to brands.
Local digital exchange operators have requested a two-year tax exemption for cryptocurrency trading, claiming the industry needs more time to generate sustainable growth momentum.