Crypto

Thailand proposes $148K daily cap on stablecoin deposits and withdrawals

Summary

Thailand's securities regulator has introduced a proposal to limit daily stablecoin transactions. Under the plan, individual users would face strict caps on both deposits and withdrawals, while also being required to use personally owned wallets.

Thailand’s SEC would set separate daily caps for stablecoin deposits and withdrawals and require customers to use wallets they own.

Source: Read the full story at Cointelegraph.com News

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