Thailand SEC Seeks Public Comment on Draft Stablecoin Rules

Thailand’s Securities and Exchange Commission (SEC) was inviting public comments on a draft covering stablecoin transactions through digital asset businesses on Nov. 12.

An earlier SEC proposal on stablecoin transfers included requirements for transfers to and from a customer’s own verified account or wallet. It also set separate daily limits of 5 million baht per customer at each operator for incoming and outgoing transfers. That proposal had a Sept. 25 comment deadline.