Cointime update: Thailand’s Securities and Exchange Commission on Nov. 12 published a draft rule capping each customer’s daily stablecoin deposits and withdrawals at 5 million baht (about $148,000) each at regulated digital asset operators, and restricting transfers to third-party wallets. The draft, open for public comment until Nov. 26, also tightens oversight of crypto market makers. Transfers between accounts of the same customer at SEC-regulated operators would be exempt.
Thailand Proposes $148K Daily Stablecoin Transfer Cap
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