Thailand SEC Proposes 5 Million Baht Daily Cap on Stablecoin Transfers Under Same-Owner Rule - The Crypto Times

Thailand's Securities and Exchange Commission has proposed a daily limit of 5 million baht on stablecoin transfers made under its same-owner rule. The measure targets transactions where the sending and receiving wallets belong to the same person, a category regulators often treat differently from payments between unrelated parties.

The proposal fits a broader pattern in which Thai authorities have moved to bring digital assets under explicit supervisory rules rather than leave stablecoin activity unaddressed. A cap on same-owner transfers would place a defined ceiling on how much value can move through that channel each day, giving the regulator a clearer view of large flows while leaving the framework for other types of transfers to be clarified.

For market participants, the key point is that the measure remains a proposal, not a finalized rule. What to watch: whether the cap is confirmed as drafted, how "same-owner" is defined in practice, and whether exchanges and wallet providers must build monitoring and reporting around it. Those details will determine the operational impact more than the headline number itself.