Thailand SEC Proposes Stablecoin Rules With 5M Baht Daily Caps for Crypto Transfers

23 minutes ago 3

Rommie Analytics

Key Takeaways:

  • Thailand suggests that daily deposits and withdrawals for stablecoins should be capped at 5 million baht.
  • Only verified wallets with the same customer would be able to be transferred.
  • The market makers, liquidity providers, and off platform deals of crypto operators would be subject to tighter governance.