Bolivia considers permitting USDT use amid dollar shortage Bolivia is considering a legal framework that would allow USDT to be used as a parallel currency alongside the boliviano and the U.S. dollar, aiming to alleviate pressure from a prolonged dollar shortage. If approved, USDT could be used for payments, savings, and daily commerce. This move is part of a broader effort by President Rodrigo Paz Pereira’s administration to integrate digital assets into the formal financial system, following Bolivia’s lifting of its crypto ban in 2024. The government stated that strict regulatory oversight will be necessary, as the country remains on the International Financial Action Task Force’s monitoring list. The dollar shortage emerged after Bolivia abandoned its fixed exchange rate peg, which had been in place since 2011, leading to the rapid growth of an informal foreign exchange market with significantly higher dollar rates than the official rate. According to Chainalysis, Bolivia recorded a total cryptocurrency trading volume of $14.8 billion over the past 12 months.

JUST IN: Bolivia Weighs USDT Integration as Dollar Crunch Pressures the Economy

Thailand Targets USDT In Major Money Laundering Crackdown Thailand’s central bank is stepping up oversight of USDT transactions as part of a broader crackdown on money laundering and illicit finance, per CoinTelegraph. The Bank of Thailand is working with the SEC to monitor high volume stablecoin transfers. Authorities are expanding compliance requirements to detect suspicious cash flows and crypto related financial activity. High value cash transactions will require source of funds declarations under the expanded compliance framework. Officials say the effort is designed to disrupt illicit financial flows rather than impose short term measures.

Japan Moves Toward Crypto Credit as Thai Scammer Wallet Tops $122M Interpol says a crypto wallet linked to a suspected romance-scam launderer moved more than $122.5 million over a 10-month period, according to the agency. Thai authorities arrested two suspects and uncovered ...

INDIA: The Enforcement Directorate (ED) has busted a ₹303 crore cyber fraud network that allegedly laundered stolen money through $USDT, $ETH, and $SOL before routing it to Dubai-linked wallets. Authorities arrested 10 accused, froze crypto assets, and found the syndicate targeted victims through fake investment, job, and gaming scams. The investigation is ongoing.

Bolivia is evaluating whether USDt could be formally circulated in its national payment system alongside the boliviano and the U.S. dollar. This follows a 630% increase in cryptocurrency transaction volume in the country after the lifting of the ban in 2024.

Bolivia Weighs Payments Using USDT as Dollar Liquidity Tightens Bolivia is considering adding Tether’s USDT to its national payments infrastructure, a potential milestone for stablecoin adoption in Latin America amid a long-running shortage of US dollars. The government says...

🚨 CRYPTO NEWS: Thailand is tightening oversight of large crypto transactions, with regulators placing a stronger focus on USDT (Tether) as part of broader anti-money laundering (AML) efforts. The Bank of Thailand and the Thai Securities and Exchange Commission (SEC) are introducing stricter compliance measures to improve transparency and monitor high-value cash and digital asset transfers. Key highlights: 🇹🇭 Cash deposits of 5 million baht (≈US$150,000) or more will require proof of where the funds originated. 💵 Large cash withdrawals above the same threshold already require customers to explain why electronic transfers cannot be used. 🪙 High-value USDT transactions will face increased scrutiny, including checks on the beneficial owner of the funds. 🌍 Regulators are investigating whether stablecoins are being used to bypass traditional cross-border payment systems and move funds outside regulatory oversight. 📋 Thailand's SEC is also introducing stricter Travel Rule requirements, requiring licensed crypto platforms to collect and share sender and recipient information for crypto transfers in line with global AML standards. According to Thai regulators, around 40% of USDT sellers on local exchanges are foreign nationals, prompting closer monitoring of potential compliance risks. While Thailand continues to support the growth of its digital asset industry, authorities say these measures are designed to strengthen financial transparency, combat illicit financial activity, and align the country's crypto regulations with international standards. Why it matters: As stablecoin adoption continues to grow, regulators worldwide are placing greater emphasis on transparency and compliance. Thailand's latest measures reflect the global trend of increasing oversight while allowing the digital asset ecosystem to continue developing. Disclaimer: The information provided is for informational purposes only and does not constitute financial advice. Please conduct your own research or consult a financial advisor before making any investment decision