Thailand Stablecoin Rules Could Restrict Third-Party Wallet Use

TLDR: Thailand stablecoin rules would require every deposit and withdrawal at a licensed operator to use an account or wallet verified in the customer’s name. The draft sets separate daily caps of five million baht, or roughly $151,000, for incoming and outgoing stablecoin transfers per user and operator. Thai-regulated operator transfers may bypass the cap [...]

The post Thailand Stablecoin Rules Could Restrict Third-Party Wallet Use appeared first on Blockonomi.