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Thailand’s SEC proposes 5 million baht daily stablecoin limits

Thailand’s securities regulator has outlined separate daily limits on stablecoin deposits and withdrawals at regulated crypto operators, alongside wallet-ownership checks.

Thailand’s securities regulator has outlined separate daily limits on stablecoin deposits and withdrawals at regulated crypto operators, alongside wallet-ownership checks. This is an original Token Times brief synthesising 2 outlets (Crypto.news, Cointelegraph), plus live market data, as of Thu, 12 Nov 2026 23:00:01 UTC.

Why it matters

The proposal could define how customers interact with regulated stablecoin providers in Thailand and place transaction limits directly on the use of digital assets for payments, transfers and withdrawals.

Covered by 2 outlets over about 6.5 h — Token Times synthesises them all into one brief
  1. Cointelegraph
    Thailand proposes $148K daily cap on stablecoin deposits and withdrawals ↗
  2. Crypto.news
    Thailand proposes 5M baht daily stablecoin transfer limits ↗
Key takeaways
  • Thailand’s SEC proposed separate 5 million baht daily caps for stablecoin deposits and withdrawals.
  • The limits would apply per customer at each regulated crypto operator.
  • Transfers would need to involve customers’ own verified wallets.
  • Bitcoin fell 4.23% over 24 hours amid a broader market decline.
What the reporting agrees on

Crypto.news and Cointelegraph both report that Thailand’s Securities and Exchange Commission proposed separate daily caps on stablecoin deposits and withdrawals, with the figure set at 5 million baht for each activity. Both outlets also describe a requirement for customers to use wallets they own, while Crypto.news adds that the checks concern transfers involving customers’ verified wallets. No material difference in the proposed limits or wallet requirement is identified between the two reports; the distinction is limited to the amount of verification detail included in the summaries.

Thailand’s Securities and Exchange Commission has proposed a framework for stablecoin activity carried out through regulated crypto operators. Under the proposal, customers would face separate daily limits of 5 million baht for stablecoin deposits and 5 million baht for withdrawals, applying at each operator where they hold an account.

The regulator’s proposal would also require transfers to involve wallets belonging to the customers themselves. Crypto.news describes the requirement as checks involving customers’ own verified wallets, while Cointelegraph likewise reports that customers would need to use wallets they own. The summaries do not provide details on how verification would be conducted or what exceptions, if any, might apply.

The two reports corroborate the central elements of the proposal: separate deposit and withdrawal caps, the 5 million baht figure for each cap, and a wallet-ownership requirement. Their main difference is emphasis rather than substance. Crypto.news includes more information about the verification checks connected to transfers, whereas Cointelegraph gives a broader account of the wallet requirement without specifying the check in its summary.

The proposal is presented as a regulatory measure rather than an announced market launch or an immediate change to existing operations. Its practical effect would be to define the scale and conditions of stablecoin transfers for customers using regulated crypto operators in Thailand, subject to the proposal moving through the relevant process. The supplied coverage does not identify a start date, implementation timetable or particular stablecoin provider affected.

The broader market context was cautious during the period covered by the data: total crypto market capitalization stood at $2.45 trillion, Bitcoin declined 4.23% over 24 hours, and the overall market was broadly lower. The Fear and Greed index registered 28, placing sentiment in the “Fear” category. No specific coin linked to Thailand’s proposal was identified in the supplied market data, so the development is a regulatory development rather than a token-specific price event.

The market when this published · November 12, 2026
Total market cap₹230.35T
Bitcoin 24h-4.23%
Ethereum 24h-3.02%
BTC dominance58.5%
Fear & Greed28 · Fear

Thailand’s SEC proposes 5 million baht daily stablecoin limi — questions & answers

What daily limits has Thailand’s SEC proposed?

The regulator proposed separate daily caps of 5 million baht for stablecoin deposits and withdrawals for each customer at each regulated crypto operator.

Would customers be allowed to transfer through wallets they do not own?

No. Crypto.news and Cointelegraph both report that transfers would require customers to use wallets they own, with Crypto.news referring to verified wallets.

Has Thailand’s stablecoin limit already taken effect?

The supplied coverage describes a proposal from the Securities and Exchange Commission and does not provide an implementation date.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from Crypto.news, Cointelegraph, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.

In this storySEC Regulator
Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 12, 2026 ⛓ Timestamped at Bitcoin block #975,593 sha256:83dec0621c23a1be
Corroborated across 2 outlets, reported over about 6.5 h — this is an original Token Times summary with live market data, not the original article.Cointelegraph · Nov 12 13:44 ↗Crypto.news · Nov 12 20:12 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.