Thailand SEC Proposes Daily Stablecoin Transfer Cap of $151,000
Thailand’s Securities and Exchange Commission (SEC) has opened a public consultation on new stablecoin regulations, proposing a daily transfer limit of approximately $151,000 per person. The move signals a tightening of oversight for digital-asset payments as stablecoin usage grows in the country.
Proposed Rules and Transfer Limits
Under the proposed framework, each individual would face a one-way transfer limit of about $151,000 per day. The cap is designed to mitigate risks tied to illicit activity — including money laundering and cybercrime — while still allowing compliant firms and everyday users to move funds. The consultation also requires that deposits and withdrawals occur only through verified accounts, adding a layer of identity verification to stablecoin transactions.
Exemptions for Regulated Operators
Transfers between regulated operators that comply with the Financial Action Task Force (FATF) Travel Rule would be exempt from the daily cap. This carve-out allows institutional and compliant-to-compliant transfers to continue without hitting the limit, while retail and unverified flows face tighter scrutiny. The Travel Rule mandates that financial institutions share sender and recipient information for transactions, anchoring Thailand’s stablecoin rules to existing anti-money-laundering standards.
Global Regulatory Context
The development, highlighted by WuBlockchain, aligns with a broader global trend of regulators imposing stricter controls on stablecoin transactions. Stablecoins have increasingly powered enterprise payment programs and innovative products such as Uniswap’s StablePair hook. If adopted, Thailand’s rules could reshape how stablecoin users in the country move funds and may serve as a template for other jurisdictions considering similar limits. The SEC is currently collecting feedback before finalizing the framework.
Thailand’s Evolving Regulatory Direction
Thailand has been among the more active jurisdictions in crypto regulation, having already introduced licensing requirements for digital-asset businesses and issued warnings around unregulated platforms. The stablecoin consultation builds on that foundation, extending oversight to the payment rails increasingly used for remittances and everyday transactions. Regulators elsewhere in Southeast Asia are watching closely, as Thailand’s approach could influence regional standards and set expectations for how stablecoin issuers and exchanges operate across the region.
