Bank of Thailand to apply customer checks and fund tracing to USDT transactions
- —BoT Governor Vitai Ratanakorn outlined the plan at a Bangkok business summit on September 3
- —USDT transactions will face enhanced customer profiling and Travel Rule checks
- —Thailand's financial fraud losses topped 43 billion baht in 2024
- —The central bank is tightening digital asset oversight together with Thailand's SEC
Why it matters: Thailand's tighter stablecoin controls could squeeze P2P and offshore USDT flows across Southeast Asia.
Source: TokenPost
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