Siam Commercial Bank (SCB), Thailand's largest commercial bank, has denied it plans to start using Ripple’s XRP token, contrary to earlier indications. The bank’s denial was communicated in a tweet published on June 7.
The bank’s denial was prompted by an earlier post on social media dated June 5, when the bank’s official Twitter handle had responded to a user’s question regarding XRP and revealed ostensible plans to announce details of an unspecified “XRP system [...] soon.”
With the June 5 tweet having since been deleted, SCB today has firmly stated that:
“We are so sorry for the previous information of the previous post. As of now we have no plan on using XRP.”