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Crypto

Thai SEC Proposes Daily Stablecoin Transfer Limits

Guavy AI Editorial Team
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Thailand's Securities and Exchange Commission (SEC) is seeking public feedback on proposed rules for stablecoin transactions. The consultation period ends on September 25th, giving stakeholders a short window to provide input.

The draft regulations would limit how users move stablecoins through licensed crypto platforms. Deposits and withdrawals would be restricted to the user's own verified account or wallet, with transfers to another person's wallet prohibited.

Each user would face separate daily limits of 5 million baht (approximately $150,000) for deposits and withdrawals on each platform. This proposal has not yet taken effect and is still under consultation.

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