Thailand Proposes Stablecoin Transfer Rule With 5 Million Baht Daily Cap

Thailand's Securities and Exchange Commission has proposed a stablecoin transfer rule that would require customers to use wallets verified as their own. According to NS3.AI, the rule would prohibit deposits from another person's account and withdrawals to another person's account through supervised operators. Transfers would be capped at 5 million baht per day per person per operator.