Thailand Implements Strict New Checks on High-Volume Stablecoin Trades
Key Takeaways Thailand’s bank set up checks to flag USDT transactions, restricting evasion of compliance measures. New source-of-funds rules cut large cash withdrawals by 35%, boosting the national electronic economy. Authorities restricted abnormal gold bullion buying, dropping monthly volumes to strengthen the local baht. Bank of Thailand Targets Stablecoins Transactions in Gray Economy Crackdown The…
