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Crypto Regulation

Thailand SEC Proposes $148K Daily Cap on Stablecoin Deposits and Withdrawals

Thailand’s Securities and Exchange Commission has proposed a daily limit of $148,000 on stablecoin deposits and withdrawals, with separate caps for each direction. The regulator would also require customers to use wallets they own for these transactions. The proposal is part of the SEC’s effort to tighten oversight of stablecoin activity in the country.

Original source

AI take

The design detail carries more weight than the headline number: separate caps for deposits and withdrawals, plus an ownership requirement on wallets, points to a compliance model built around traceability rather than outright restriction. This affects Thai users and the local venues that custody or route stablecoin flows, which would need to absorb the friction into onboarding and monitoring. Whether the proposal survives consultation intact, and how the wallet-ownership test is actually verified, are the open questions worth watching.

Generated by AI for reference only.

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