The SEC and Bank of Thailand are proposing tighter rules on USDT and stablecoins, which they say made up about 50% of crypto trading volume in Thailand in early 2026. Proposed measures include a cap of 5 million baht per transfer per day, stricter KYC with deposits and withdrawals only from same-name bank accounts, and delayed withdrawals for high-risk customers. The Travel Rule takes effect 27 February 2570 (2027). Still at public hearing. If your business accepts or pays out crypto or stablecoins, or receives transfers from crypto platforms, review your payment flows and be ready to document the source of funds.