Thailand Proposes Stablecoin Transfer Limits Amid Anti-Money Laundering Efforts

The Thai Securities and Exchange Commission (SEC) has proposed new regulations for stablecoin transactions. The proposal limits daily transfer amounts to $151,000 per individual customer or digital asset operator.

According to the framework, transfers from or to a licensed digital asset operator's account must come from or go to an account or wallet confirmed as belonging to that customer. Transfers to or from another person's account or wallet will be prohibited under the proposed regulations.

The new rules also introduce stricter monitoring requirements for transactions linked to regulated platforms, including reporting market makers and liquidity providers. The SEC has collaborated with the Bank of Thailand, Anti-Money Laundering Office, and digital asset companies to develop these regulations.