Thailand Proposes $148K Daily Stablecoin Transfer Cap
9 Articles
9 Articles
The Democrat Party supports the Bank of Thailand's issuance of a "Baht Stablecoin" to safeguard financial sovereignty. They propose four measures: open competition, support for AI transactions, and recommend the government pilot its use to control donations and relief funds, thereby promoting transparency.
Stablecoin cap would change Thailand crypto transfers
Thailand’s Securities and Exchange Commission has proposed a stablecoin cap that would limit daily deposits and withdrawals at regulated crypto operators. Under the draft, each customer could deposit up to 5 million baht and withdraw up to 5 million baht per day at each operator, with the two limits applied separately. The proposal also requires… The post Stablecoin cap would change Thailand crypto transfers first appeared on CryptoNewsBytes.
Thailand regulator proposes daily limit of 5 million baht for deposits and withdrawals of stablecoins and seal third-party portfolios
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