Thailand proposes $148K daily cap on stablecoin flows
In short
Thailand’s SEC has proposed separate daily limits for stablecoin deposits and withdrawals. The cap would be $148,000 a day, and customers would have to use wallets they own.
Crypto users and service providers in Thailand would have to adjust to the new limits.
What the reporting says
Thailand’s SEC proposed separate daily caps for stablecoin deposits and withdrawals and said customers would need to use wallets they own, according to the brief. The proposal would limit stablecoin flows to $148,000 per day.
Why it matters
Thailand’s SEC proposal would set separate daily caps on stablecoin deposits and withdrawals and require customers to use wallets they own. The $148,000 daily limit would directly affect crypto users and platforms handling stablecoin transfers in Thailand.