Thailand just dropped a bomb: $150K daily cap on stablecoin transfers to external wallets.
This is capital control disguised as "regulation." They're scared of money flowing out through crypto rails.
What this means:
• Retail gets squeezed hardest
• DeFi users face friction moving funds
• Whales will route around it (they always do)
• Sets a dangerous precedent for other SEA countries
If you're in Thailand and holding stables, time to rethink your custody strategy. Self-custody just became more valuable.
The war on permissionless money continues. Stay sharp.
This is capital control disguised as "regulation." They're scared of money flowing out through crypto rails.
What this means:
• Retail gets squeezed hardest
• DeFi users face friction moving funds
• Whales will route around it (they always do)
• Sets a dangerous precedent for other SEA countries
If you're in Thailand and holding stables, time to rethink your custody strategy. Self-custody just became more valuable.
The war on permissionless money continues. Stay sharp.