Thailand SEC Floats Stablecoin Transfer Curbs to Third-Party Wallets, Setting ~$151,000 Daily One-Way Limit
AI Market Summary
Thailand's SEC is consulting on stablecoin rules that would require verified same-customer wallets for deposits/withdrawals via regulated operators and impose a ~$151k per-person, per-operator, per-day cap on inbound and outbound third-party transfers. The move strengthens AML and cross-border controls, potentially reducing stablecoin velocity and exchange-to-wallet liquidity flows in Thailand. Exemptions for transfers between compliant Thai operators may concentrate activity within regulated venues.
Impact level
● Medium
Affected assets
BTC/USDT+0.10%
AI Insight · BTC/USDTAI Insight
▼ Bearish
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Thailand's Securities and Exchange Commission has launched a public consultation on proposed stablecoin rules that would restrict deposits and withdrawals processed through licensed digital asset operators to accounts or wallets verified as belonging to the same customer.
Under the draft, inbound and outbound transfers would each be capped at roughly $151,000 per person, per operator, per day. The limit would not apply to transfers between Thailand-regulated operators that comply with the Travel Rule.
The SEC said the measures are intended to curb risks tied to money laundering, cybercrime and attempts to обход cross-border transfer requirements.
