Thailand Caps Digital Transfers for Youth to Combat Mule Account Scams
Technology

Thailand Caps Digital Transfers for Youth to Combat Mule Account Scams

Thailand's central bank is introducing new daily limits on digital transfers and payments for users aged 10-18 to combat the rising use of youth accounts as 'mule accounts' by fraudsters. The measures aim to protect young people from financial crime without unduly inconveniencing legitimate users.

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