Thailand’s stablecoin proposal would restrict transfers through licensed firms to customers’ own wallets, with daily caps. Comments close September 25.
- Thailand's SEC has proposed new regulations for stablecoin transfers, requiring transfers to and from a customer's own verified wallet.
- The proposal aims to curb risks associated with money laundering and circumvention of international transfer rules, imposing daily caps on transactions.
- These new rules are currently in a public consultation phase, with a separate Travel Rule set to take effect in February 2027.
Topics: Legal regulatory, Jurisdictions, Compliance, Securities law classification, Cross jurisdictional policy, Aml antimoneylaundering
Tags: #thailand #stablecoin #regulation #sec #usdt #transfers #travelrule #moneylaundering #dailycaps