Thailand’s Securities and Exchange Commission has opened a public consultation on stablecoin regulations that would impose a daily transfer limit to third-party wallets, according to Wublockchain reporting. The proposed one-way cap is roughly $150,000 per day, a move that could reshape how exchanges and users move stablecoins into self-custody and non-custodial wallets.
What Thailand’s stablecoin proposal would change
The draft framework focuses on deposit and withdrawal flows involving third-party wallets rather than transactions between regulated entities. Under the proposal, a one-way daily ceiling near $150,000 would apply to stablecoin transfers, giving platforms a compliance benchmark while still allowing lower-value retail activity to continue with less friction. The consultation period gives market participants a chance to respond before the rules are finalized. This approach builds on Thailand’s broader effort to tighten crypto oversight, as seen in Thailand Sets Crypto Travel Rule for 2027.
How the measure fits the wider regulatory wave
Thailand’s stablecoin consultation is the latest example of regulators applying traditional financial controls to digital asset wallets. The SEC’s focus on third-party transfer limits echoes the custody and safeguarding debates underway in the United States, where the SEC’s Crypto Custody Overhaul Targets Advisers, Funds. Stablecoin issuers and exchanges operating across jurisdictions may need to reconcile multiple frameworks if similar limits gain traction elsewhere.
What to watch as the consultation proceeds
Market participants should track whether the proposed $150,000 limit applies per wallet, per platform, or per transaction, and whether exceptions exist for institutional or licensed custodians. The outcome may influence how Thai users interact with decentralized finance and whether other Asia-Pacific regulators adopt comparable thresholds. The broader shift in enforcement posture is also visible in the U.S., where the SEC Chairman: U.S. Entering Historic Era of Crypto Regulatory Reform. The Thai SEC’s final rule could set a regional precedent for stablecoin compliance.
