{"id":13164,"date":"2026-09-12T21:36:24","date_gmt":"2026-09-12T21:36:24","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=13164"},"modified":"2026-09-12T21:36:24","modified_gmt":"2026-09-12T21:36:24","slug":"thailand-stablecoin-proposal-limits-third-party-transfers","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=13164","title":{"rendered":"Thailand stablecoin proposal limits third-party transfers"},"content":{"rendered":"

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Thailand\u2019s Securities and Exchange Commission has proposed a same-owner requirement for stablecoin transfers that would sharply narrow how customers can move tokens such as USDT through licensed crypto firms. The measure remains at the consultation stage and is not yet an operative rule.<\/p>\n

Under the SEC Board-approved Sept. 3 consultation principles, stablecoins entering a customer account at a digital asset operator would have to come from an account or wallet verified as belonging to that customer. Withdrawals would likewise have to go to an account or wallet verified as the customer\u2019s own.<\/p>\n

The consequence is explicit: a stablecoin deposit from another person\u2019s account, or a withdrawal to another person\u2019s account, would be prohibited.<\/p>\n

How the proposed ownership gate would work<\/h2>\n

As drafted, the restriction would stop a customer from using a Thai SEC-supervised platform to receive a transfer from someone else\u2019s wallet or to send stablecoins to another person\u2019s wallet. Its reach is limited to transfers conducted through supervised digital asset operators, rather than peer-to-peer transfers that take place entirely outside those firms.<\/p>\n

\"Diagram\"Diagram<\/p>\n

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Related Reading<\/span><\/p>\n

US starts clock to bring in ID checks for converting dollars to stablecoins but DeFi stays outside the rules<\/h3>\n<\/p>\n

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