Thailand plans to limit stablecoin deposits and withdrawals: 5 million baht per person per day—but it’s not yet in effect, so first, understand the scope
On November 12, Thailand’s SEC opened a draft notification for public consultation, with comments due by November 26. The draft says that on regulated digital asset platforms in Thailand, each customer may transfer in and out stablecoins (such as USDT and USDC) up to 5 million baht (about $148,000) per day, per platform. The source and destination wallets must also be verified as belonging to the customer: deposits from someone else’s wallet and withdrawals to someone else’s wallet are not allowed.
Who is affected: This is a draft under public consultation. It is not yet in effect, and it does not halt stablecoin transfers across the entire network. It applies to stablecoin deposits and withdrawals on licensed platforms in Thailand, but does not cover on-chain peer-to-peer transfers outside platforms. Transfers between Thai-regulated platforms by the same customer are also exempt from this limit, provided both platforms comply with the Travel Rule. Platforms not licensed in Thailand will not automatically be subject to the same limits under this draft. Transaction amounts must also be consistent with the customer’s income and financial circumstances.
What remains to be confirmed: Whether the draft will be adopted as written, when it will take effect, and how each Thai platform will verify that a wallet belongs to the customer.
Do you often run into this limit when depositing or withdrawing stablecoins on regulated platforms in Thailand?
Not investment advice.
Sources: Thailand SEC announcement (No. 253/2026, 2026-11-12, https://www.sec.or.th/EN/Pages/News_Detail.aspx?Lang=EN&NewsNo=253&NewsYear=2026&SECID=13562); The Block (2026-11-13, https://www.theblock.co/news/regulation/2026-11-13-thailand-seeks-daily-stablecoin-cap-439676); Wu Shuo, as reported by Cointelegraph · 2026-11-13 around 19:30 HKT
#泰国SEC #稳定币 #充提限额 #夯B媒体 $USDT $USDC
On November 12, Thailand’s SEC opened a draft notification for public consultation, with comments due by November 26. The draft says that on regulated digital asset platforms in Thailand, each customer may transfer in and out stablecoins (such as USDT and USDC) up to 5 million baht (about $148,000) per day, per platform. The source and destination wallets must also be verified as belonging to the customer: deposits from someone else’s wallet and withdrawals to someone else’s wallet are not allowed.
Who is affected: This is a draft under public consultation. It is not yet in effect, and it does not halt stablecoin transfers across the entire network. It applies to stablecoin deposits and withdrawals on licensed platforms in Thailand, but does not cover on-chain peer-to-peer transfers outside platforms. Transfers between Thai-regulated platforms by the same customer are also exempt from this limit, provided both platforms comply with the Travel Rule. Platforms not licensed in Thailand will not automatically be subject to the same limits under this draft. Transaction amounts must also be consistent with the customer’s income and financial circumstances.
What remains to be confirmed: Whether the draft will be adopted as written, when it will take effect, and how each Thai platform will verify that a wallet belongs to the customer.
Do you often run into this limit when depositing or withdrawing stablecoins on regulated platforms in Thailand?
Not investment advice.
Sources: Thailand SEC announcement (No. 253/2026, 2026-11-12, https://www.sec.or.th/EN/Pages/News_Detail.aspx?Lang=EN&NewsNo=253&NewsYear=2026&SECID=13562); The Block (2026-11-13, https://www.theblock.co/news/regulation/2026-11-13-thailand-seeks-daily-stablecoin-cap-439676); Wu Shuo, as reported by Cointelegraph · 2026-11-13 around 19:30 HKT
#泰国SEC #稳定币 #充提限额 #夯B媒体 $USDT $USDC
