Thailand Tightens Scrutiny on Large and Suspicious USDT Transactions
The Bank of Thailand and the Securities and Exchange Commission are ramping up joint checks on large and unusual USDT trades, linking bank and digital asset exchange data to trace suspicious fund flows, with a focus on curbing money laundering, fraud proceeds, underground currency exchanges, and “grey capital.”
The Bank of Thailand and the Securities and Exchange Commission are intensifying joint reviews of large and abnormal USDT transactions. By connecting data from banks and digital asset trading platforms, authorities are tracking suspicious fund flows, with an emphasis on preventing money laundering, fraud-related funds, underground currency exchanges, and “grey capital.”
This initiative does not represent a blanket restriction on USDT. Instead, it further integrates stablecoin transactions into the framework of source-of-funds verification and anti-money laundering oversight. The move signals that Thailand is tightening its scrutiny of cross-platform digital asset flows.
