Thailand SEC Proposes $150K Daily Cap on Stablecoin Transfers to Third-Party Wallets

TLDR: Thailand’s SEC proposes capping stablecoin transfers to third-party wallets at ~$151K daily. Deposits and withdrawals must involve accounts verified as belonging to the same customer. Transfers between Thai-regulated operators face no cap when Travel Rule standards are fully met. Liquidity providers would be barred entirely from stablecoin-to-baht trading pairs under the plan. Thailand’s Securities [...]

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