Bank of Thailand Targets Illicit Finance Through Stablecoin Trade Audits, Focus on USDT
Bank of Thailand Targets Illicit Finance Through Stablecoin Trade Audits, Focus on USDT
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The Bank of Thailand, in collaboration with the SEC, has reportedly initiated rigorous audits of high-volume stablecoin transactions. Employing advanced data analytics tools, the regulatory bodies aim to identify and curb illicit financial activities, with a specific focus on trades involving USDT.
The central bank and the SEC have reportedly begun using data analytics tools to examine abnormal stablecoin trades, with a focus on USDT.