Stablecoin Transfers Proposed to Be Tied to Customer Income and Financial Status, Thailand SEC Draft Sets Same-Account Transfer Exemption

Odaily reports that Thailand's Securities and Exchange Commission published a draft on November 12 proposing to limit each customer's daily stablecoin deposit and withdrawal amounts at regulated digital asset operators to 5 million Thai baht (approximately $148,000) respectively, and requiring transfers to be consistent with customers' income and financial status. Customers transferring funds within the same account between operators regulated by the commission may be exempted; public consultation will run until November 26.