Thailand’s SEC Proposes Daily Stablecoin Cap of 5 Million Baht for Crypto Users

TLDR Thailand’s SEC proposed limiting stablecoin deposits and withdrawals to 5 million baht (about $147,750) per platform each day. Stablecoins could only move between accounts or wallets owned by the same person. The value of a customer’s transfers would need to match their income and financial position. Crypto exchanges would have to name their market [...]

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