# 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.

- Published: 2026-09-13T05:57:01.509Z
- Canonical: https://polylog.news/crypto/2026-09-13/thailand-proposes-barring-stablecoin-withdrawals-to-anyone-b
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CryptoSlate](https://cryptoslate.com/thailands-stablecoin-proposal-would-block-transfers-to-other-peoples-wallets/), [Coin-Turk](https://en.coin-turk.com/thailand-sec-sets-151000-daily-stablecoin-transfer-cap-seeks-public-input/)

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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