# Bank of Thailand Targets USDT and Gray Money Flows New measures against money laundering and suspicious financial activities. - **Source:** [Cointelegraph.com News](https://brifing.si/source/2e81e982-0137-4db0-8ac2-351f37085775) - **Published:** 2026-07-13 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/a543fe01-cb25-4050-aed3-ecd7c4fecbd4 ## Fight Against the Gray Economy The Bank of Thailand has launched a comprehensive campaign against the gray economy to prevent money laundering and suspicious financial activities. A rigorous audit process has been initiated, particularly focusing on stablecoins like USDT and cash transactions. ## Focus on Stablecoin Transactions The Bank of Thailand is collaborating with the Securities and Exchange Commission to audit high-volume stablecoin transactions. USDT transactions, cash flows, and currency exchanges are under intense scrutiny. ## Suspicious Cash Transactions Banks will closely monitor suspicious cash transactions and the exchange of large banknotes for smaller denominations. Full disclosure is required for cash deposits exceeding 5 million baht. ## Gold and Forex Trading To prevent gray money flows, gold bullion trading and forex transactions have also been included in the audit scope. Banks are obligated to report suspicious activities in these areas. ## Mis-targeted Businesses In 2025, three million bank accounts were frozen as part of the campaign. However, thousands of innocent individuals and legitimate businesses were adversely affected. ## Status of Crypto Trading While crypto trading remains legal in Thailand, stablecoin payments are banned. The country’s largest crypto exchange, Bitkub, continues to operate with a daily trading volume of $26 million. ## Sources covering this story - https://cointelegraph.com/news/thailand-targets-stablecoins-in-latest-laundering-crackdown?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._