Thailand SEC Proposes $151K Daily Cap on Stablecoin Transfers

• Thailand’s SEC proposes a $151K daily cap on external stablecoin transfers.
• Third-party wallet transfers would face stricter ownership verification rules.
• Off-platform crypto trades would require minimum values and price disclosures.

Thailand’s Securities and Exchange Commission (SEC) has proposed a 5 million baht daily limit on stablecoin transfers involving external wallets. The proposed rules would also require transfers to originate from and reach wallets or accounts verified as belonging to the same customer.

Thailand SEC Targets Third-Party Stablecoin Transfers

The SEC opened a public consultation on September 11 covering stablecoin transactions handled by licensed digital asset operators. The proposal aims to reduce money laundering, cybercrime and circumvention of international transfer controls.

Under the proposed framework, customers could transfer up to 5 million baht, or roughly $151,000, per day through each licensed operator. The limit would apply separately to inbound and outbound stablecoin transfers involving external accounts or wallets.

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