Woofun AI reports that the Bank of Thailand has deployed data analytics tools to screen for large-scale stablecoin transactions, specifically targeting Tether's USDT to combat illegal fund flows and "grey economy" activities. Governor Vitai Ratanakorn stated that initial screenings identified transactions deliberately evading disclosure or bypassing traditional banking systems, with relevant clues passed to the SEC for further investigation.

This initiative aligns with broader measures including mandatory verification for cash withdrawals exceeding 5 million Thai Baht, which reduced large withdrawal volumes by 35%. Regulators have also tightened supervision on gold trading and online gambling networks, dropping monthly gold withdrawals from 4000 kilograms to 700 kilograms.

Concurrently, authorities are investigating a cross-chain money laundering network involving over $122.5 million and a $300 million multinational case, while the SEC proposes a three-year plan for tokenized assets and crypto ETFs.