Thailand proposes tighter stablecoin rules with 5 million baht daily limit

Thailand is considering tighter controls on stablecoin transfers through licensed digital-asset operators. The Thai Securities and Exchange Commission has approved principles for a new framework that includes a maximum threshold of 5 million baht per day, per person and per operator, for both inbound and outbound transfers. The proposal also focuses on wallet ownership: the origin and destination account or wallet would need to be verified as belonging to the customer making the transfer. Additional checks linked to the Travel Rule, customer profiles and blockchain analysis would be used to identify high-risk wallets. The SEC says the goal is to reduce money-laundering, cybercrime and cross-border-rule-evasion risks as dollar-linked stablecoins become more widely used. The measures are not final and remain subject to public consultation, with specific treatment expected for transfers between customers of Thai operators that are both under SEC supervision. Main source: Securities and Exchange Commission of Thailand, principles approved September 3, 2026; consultation updates reported September 13. Educational content only; not financial advice.