Thailand SEC proposes $151K stablecoin transfer cap - Crypto News

Thailand's Securities and Exchange Commission has proposed limiting stablecoin transfers to 50 million baht, roughly $151,000 per transaction. The draft rule is part of the regulator's broader effort to bring digital asset activity under clearer supervisory oversight while preserving the utility of stablecoins for payments and settlement.

For market participants, the proposal signals that Thai regulators view stablecoins as a distinct category requiring tailored safeguards rather than a blanket ban. A per-transaction cap could affect large-value transfers, including those used by businesses, exchanges, or over-the-counter desks, potentially pushing some flows toward multiple smaller transfers or alternative rails. It may also influence how exchanges and wallet providers structure compliance checks.

What to watch: whether the cap applies per transaction, per user, or per day; which tokens and platforms fall in scope; and how the consultation period shapes the final rule. If adopted, the measure could set a precedent for other Southeast Asian regulators weighing similar thresholds, making Thailand a market worth monitoring for stablecoin policy direction.