Separate limits for deposits and withdrawals
Thailand’s Securities and Exchange Commission has opened a public consultation on tighter rules for stablecoin transfers through digital asset operators. The proposal would cap inbound transfers at five million baht per day per customer per operator, with a separate five-million-baht limit for outbound transfers. These are draft rules under consultation, rather than an announcement that the proposed cap is already in force. sec.or.th; sec.or.th
Wallet ownership and exemptions
Transfers would have to involve accounts or wallets belonging to the customer. Operators would also screen customers and wallets for illicit-transaction risks. Transfers between customer accounts at regulated Thai operators would be exempt from the cap when both operators comply with Travel Rule requirements. The proposal also provides specific exemptions for certain digital asset business operators and market makers. sec.or.th; sec.or.th
Comments close on 25 September
The SEC says the proposals aim to reduce money laundering, cybercrime and circumvention of international transfer rules. They also cover oversight of market makers, liquidity providers and off-platform transactions. The public can submit comments until 25 September 2026. The consultation materials do not establish a fixed calendar date for the transfer limits to begin. sec.or.th; sec.or.th