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Thailand targets high-value USDT trades in grey capital crackdown

Covered by 4 sources · 4 articles

4 outlets - including Decrypt, Yahoo and Coinotag and 1 more - are covering this story. Data analytics flagged stablecoin transfers meant to evade scrutiny, the central bank says, handing the findings to the securities regulator.

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Bank of Thailand Flags Abnormal Stablecoin Trades in 'Grey Economy' Crackdown
Decrypt Jul 13, 13:56 UTC

Bank of Thailand Flags Abnormal Stablecoin Trades in 'Grey Economy' Crackdown

Data analytics flagged stablecoin transfers meant to evade scrutiny, the central bank says, handing the findings to the securities regulator.

Yahoo Finance News Jul 13, 13:56 UTC

Bank of Thailand Flags Abnormal Stablecoin Trades in 'Grey Economy' Crackdown

Thailand to Audit USDT Trades Above 5 Million Baht in Grey-Money Crackdown
CoinOtag Jul 12, 13:53 UTC

Thailand to Audit USDT Trades Above 5 Million Baht in Grey-Money Crackdown

USDT News Thailand's central bank is moving to scrutinize large Tether (USDT) transactions as part of a widening crackdown on hidden capital flows. Under rules expected to take effect in the fourth...

Thailand targets high-value USDT trades in grey capital crackdown
Crypto.news Jul 12, 13:39 UTC

Thailand targets high-value USDT trades in grey capital crackdown

Thailand will verify cash deposits above 5 million baht and review large USDT trades with Thai SEC to trace hidden owners and illicit flows.