Thailand SEC Proposes Daily 5 Million Baht Limit on Stablecoin Transfers

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Thailand SEC proposes a limit of 5 million baht (about $148,000) per customer per day for stablecoin deposits and withdrawals on each licensed crypto platform. Customers may transfer funds between their own accounts at two licensed Thai platforms, subject to compliance with the Travel Rule; transfers to third-party accounts or wallets are not allowed. The public may submit comments before 11月26日, and implementation is proposed to begin 60 days after the final announcement is published.