Thailand SEC suggests $148,000 cap on stablecoin transfers

  • Thailand’s securities regulator plans to limit stablecoin deposits and withdrawals to 5 million baht (about $148,000) per customer each day on each licensed crypto platform.
  • The plan aims to stop money laundering, and people can give their opinions on it until November 26.
  • The proposed 5 million baht limit would apply separately to deposits and withdrawals.

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