Thailand SEC Proposes $150K Daily Cap on Stablecoin Transfers, Who Is Exempted? - Coinpedia

Thailand's Securities and Exchange Commission has proposed a daily limit of roughly $150,000 on stablecoin transfers, according to Coinpedia. The draft measure would apply to transfers conducted through regulated channels, with certain categories of users reportedly exempt from the cap. The proposal remains subject to public consultation, meaning the final scope and thresholds could still change.

The move reflects a broader regulatory pattern across Asia: authorities are increasingly treating stablecoins as payment instruments that warrant oversight, rather than as a purely crypto-native asset class. A daily transfer ceiling can serve several purposes at once — limiting exposure to large-scale illicit flows, improving monitoring of cross-border value movement, and keeping stablecoin activity within the perimeter of licensed intermediaries.

For market participants, the key questions are who qualifies for an exemption, how the cap interacts with exchange and wallet transfers, and whether the rule would affect only onshore regulated venues. If adopted in its current form, the proposal could reshape how stablecoins are used for settlement and remittance in Thailand, while leaving offshore activity largely outside its reach.