Thailand's first commercial bank, Siam Commercial Bank, announced today that it would join the Band Protocol decentralised finance (DeFi) project. To improve protection and transparency, SCB 10X will verify and confirm financial transactions with other network nodes. The transfer was the first time a legacy institution in the Asia Pacific region got interested in the burgeoning crypto space. Meanwhile, the native token of Band Protocol, BAND, did not shift much in response to the news.