The Thai Securities and Exchange Commission (SEC) released a draft regulation on November 12 proposing to cap daily stablecoin deposits and withdrawals at 5 million baht (approximately $148,000) per customer at regulated digital asset operators. The draft also restricts transfers to third-party wallets and strengthens oversight of crypto market makers. Under the proposed rules, deposit and withdrawal limits are calculated separately, and transactions must align with customers' income and financial status. Transfers between accounts of the same customer across SEC-regulated operators are exempted. The regulator will prohibit stablecoin deposits from third-party accounts or wallets and withdrawals to others' wallets. Licensed exchanges must disclose their market makers' identities and supported assets while monitoring market maker activities. The public consultation period runs through November 26. The SEC stated the measures aim to prevent stablecoins from being used for money laundering, cybercrime, and circumventing international fund transfer regulations.