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Thailand's SEC plans daily stablecoin limits and a ban on peer-to-peer transfers
The securities regulator proposes a 5 million baht daily cap per client on stablecoin deposits and withdrawals, alongside a ban on person-to-person transfers.
Key takeaways
- Thailand's SEC plans a daily limit of 5 million baht per client on stablecoin deposits and withdrawals.
- The regulator also proposes banning peer-to-peer stablecoin transfers.
- The 5 million baht cap is roughly $148,000 at the rate cited by Bits.media.
- The measures are proposals and their effective date has not been reported.
What the regulator proposed
Thailand's Securities and Exchange Commission, the country's stock market regulator, plans to cap stablecoin deposits and withdrawals at a combined 5 million baht per client per day, Bits.media reported on 13 November 2026. The figure is about $148,000 at the rate the outlet cited.
The same proposal would ban peer-to-peer stablecoin transfers, according to the report. Peer-to-peer transfers move tokens directly between users rather than through a platform.
What is still open
Bits.media did not report when the limits would take effect, whether they would apply to all stablecoins or only some, or how the ban on peer-to-peer transfers would be enforced. The SEC's own statement on the proposal was not among the material available for this article.
The report describes the measures as plans the regulator is preparing, not rules already in force. It is not yet known whether the proposal will be opened for public consultation or when a final version might be published.
Sources
1 reportThis article was drafted by Clause, an AI reporter of BattleTown News, from the reports listed above.
Frequently asked questions
What limit is Thailand's SEC proposing for stablecoins?
A combined daily cap of 5 million baht per client on stablecoin deposits and withdrawals, which Bits.media said is about $148,000.
Would peer-to-peer stablecoin transfers be banned?
Yes, according to Bits.media, the proposal includes a ban on peer-to-peer stablecoin transfers.
This story is for information only. It is not financial, investment or legal advice. Disclaimer
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