The annual Tether (USDT) purchase limit for each individual is only $5,000, with a holding limit of $10,000.
The per-capita ceiling for the total purchase of stablecoins for each individual and legal entity.
Aboulhasani, Deputy Governor of the Central Bank:
The per-capita ceiling for the total purchase of stablecoins for each individual and legal entity across all trading platforms of crypto brokerage firms has been set at $5,000 or the equivalent in stablecoin units per year.
The holding ceiling for the total stablecoins for each user, whether individual or legal entity, corresponding to a unique national ID code, is set at $10,000 or the equivalent in stablecoin units.
With this regulation, which gives Tether holders one month to comply with the law, we will likely see an increase in Tether supply on authorized crypto exchanges and a potential price drop in the coming weeks.
