Thailand has introduced new regulations requiring individuals depositing over 5 million baht (approximately $150,000) in cash to verify the source of funds. This measure expands the compliance responsibilities of commercial banks in areas such as cash networks, large currency exchanges, precious metal transactions, and suspicious stablecoin activities. The initiative aims to prevent regulated entities from facilitating systemic corruption or shadow economies. Additionally, the Bank of Thailand and the Securities and Exchange Commission (SEC) are conducting joint audits focusing on Tether (USDT) to identify and block illegal fund flows. The crackdown also includes enhanced controls over precious metal transactions, mandating banks to report suspicious patterns like rapid digital purchases and same-day physical withdrawals to combat money laundering.