Report: Thailand Puts USDT Under Watch as Stablecoins Enter Grey Money Dragnet

The Bank of Thailand has reportedly moved to place tether ( USDT) under its monitoring framework as part of a broader campaign against grey money, after identifying that a large share of stablecoin activity on local platforms is linked to foreign participants, according to a Tuesday report by The Nation.

Source: news.bitcoin.com

Related symbols: USDTUSD