Coin Bureau|Jul 12, 2026 13:02
🇹🇭 THAILAND INVESTIGATING USDT FOR MONEY LAUNDERING AS 40% OF SELLERS ARE FOREIGNERS
The Bank of Thailand and SEC found 40% of USDT sellers on Thai platforms are non-residents who "should not be trading" in the country.
The investigation has already uncovered a Chinese-linked laundering case involving over $307 MILLION in suspected annual transactions.
Thailand is simultaneously building its own baht-backed stablecoin, per The Nation.(Coin Bureau)
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