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Morning Edition · Sunday, September 13, 2026Published at 1:57 AM EDT · New York
Thailand Proposes Barring Stablecoin Withdrawals to Anyone but the Customer's Own Verified Wallet
The draft also caps transfers at five million baht a day, about $151,000, and the regulator cited growth in Tether volume as part of its reasoning.
Thailand's Securities and Exchange Commission has opened consultation on a stablecoin framework that would permit licensed operators to accept deposits from, and send withdrawals to, only wallets or payment accounts verified as the customer…
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States Turn Crypto Rails Into Sanctions Instruments
Governments increasingly track, freeze, and seize on-chain assets to enforce sanctions, turning traceable ledgers and centrally controlled stablecoins into extensions of financial statecraft rather than escapes from it.
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