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Regulation
Thailand Proposes $148,000 Daily Cap on Stablecoin Deposits and Withdrawals
(3 hours ago) · 1 source · Summarized by CryptoBipto
Thailand has proposed new rules that would limit daily stablecoin deposits and withdrawals to approximately $148,000. The proposed regulations aim to tighten oversight of stablecoin transactions on crypto exchanges operating in the country.
WHY IT MATTERS
Stablecoins are cryptocurrencies designed to maintain a steady value, usually pegged to a traditional currency like the US dollar.
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SOURCES
- cointelegraph.com
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