The Bank of Thailand is reportedly monitoring USDT transactions amid growing concerns over the use of stablecoins in what authorities are calling "grey money" flows. According to reports, the central bank is increasing its scrutiny as stablecoin adoption rises within the country. The move reflects a broader effort by Thai authorities to tighten controls on illicit financial activities. The development highlights the increasing regulatory focus on stablecoins and their potential use in facilitating unauthorized financial transactions.

The Bank of Thailand is reportedly monitoring USDT transactions amid growing concerns over the use of stablecoins in what authorities are calling "grey money" flows. According to reports, the central bank is increasing its scrutiny as stablecoin adoption rises within the country. The move reflects a broader effort by Thai authorities to tighten controls on illicit financial activities. The development highlights the increasing regulatory focus on stablecoins and their potential use in facilitating unauthorized financial transactions.