Code & Chain · Signal Desk

Thailand's SEC Proposes Stablecoin Transfers Only to One's Own Verified Wallet, 5 Million Baht Daily Cap

Original sourceCoinLiveAdditional: AInvestAdditional: SpendNode

Summary

Thailand's SEC proposed new draft rules restricting stablecoin transfers through licensed digital asset operators: deposits and withdrawals must go to and from the customer's own verified wallet, and transactions to or from others' wallets would be prohibited. The draft also sets a daily per-custom…

Key points

  • Thailand is a major Southeast Asian crypto market, and this draft will determine exchange user experience and how stablecoins flow compliantly locally.
  • The new rules turn stablecoins on licensed channels from anonymous value into verified account-based assets, an important signal of a shift in Asian regulatory philosophy.
  • Exchange users in Thailand will face daily limits and wallet-ownership verification; exchanges must adjust deposit/withdrawal flows and Travel Rule integration, and prepare for implementation in early 2027.

Editorial note

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