Thailand's Securities and Exchange Commission (SEC) has approved stricter oversight of stablecoin transactions, implementing a daily transfer cap of 5 million baht per person per operator and requiring all wallets to be verified as belonging to the transacting customer. The measure aims to prevent money laundering, cybercrime, and cross-border money evasion, while enforcing Travel Rule compliance and customer risk screening. Transfers between Thai digital asset operators are exempt from the cap. Public consultation is open through September 2026.
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