Thailand’s central bank will regulate unlicensed digital gold markets and monitor USDT trades to curb currency volatility linked to gold-related dollar sales.
Thailand’s central bank announced new measures to reduce market volatility from gold-related dollar sales by bringing unregulated digital gold markets under oversight. The plan includes closer monitoring of cryptocurrency trades involving Tether (USDT), stricter checks on cash transactions, and tighter control over currency exchange services. These actions expand the existing crackdown on 'gray funds' and foreign USDT sellers, addressing risks from both stablecoin operations and unregulated gold trading.