Thailand Proposes $148,000 Daily Stablecoin Transfer Cap
By Abdelaziz Fathi
AI summary of the source article
Thailand's Securities and Exchange Commission has proposed a daily cap of 5 million baht ($148,000) each for stablecoin deposits and withdrawals at regulated operators. The draft rules also restrict third-party wallet transfers and tighten oversight of market makers.
Why it matters
The draft rules "aim to prevent stablecoins from being used for money laundering, cybercrime and circumvention of international money transfer regulations."
Key facts
- Thailand's SEC proposed separate daily deposit and withdrawal caps of 5 million baht ($148,000) each per customer at regulated digital asset operators.
- The rules would prohibit stablecoin deposits from third-party wallets and withdrawals to external wallets owned by another person.
- Crypto brokers would be prohibited from using liquidity providers for stablecoin-to-Thai-baht trading pairs.
Source excerpt · FinanceFeeds
Thailand's Securities and Exchange Commission (SEC) has proposed limiting daily stablecoin deposits and withdrawals to 5 million baht ($148,000) each per customer at regulated digital asset operators, alongside restrictions on third-party wallet transfers and tighter oversight of cryptocurrency market makers. The draft rules, published on November 12, 2026, aim to prevent stablecoins from being us…