On the 12th, the Thai Securities and Exchange Commission unveiled a draft proposal targeting stablecoin transactions conducted through digital asset operators such as exchanges and brokers, and began soliciting public comments. The proposal sets the transfer amount to a level commensurate with the customer's income source and financial status, limiting deposits and withdrawals to 5 million baht per day per operator for each customer. It also restricts the transfer source and destination to accounts and wallets in the customer's name.
The Thai SEC...