Thailand Cuts Through Crypto Chaos: Regulator Lays Down Law on G-Token Issuance

Bangkok shakes off the wild west vibes—Thailand’s financial watchdog just dropped a crystal-clear rulebook for tokenized asset offerings. No more gray areas, no more ’creative interpretations’ by crypto cowboys.

The new framework spells out everything from KYC requirements to disclosure standards—because apparently ’just trust the blockchain’ wasn’t cutting it for institutional investors.

One banking exec was overheard complaining about ’yet another compliance headache’—while quietly allocating 3% of their fund to the new regulated token pool. Some traditions never change.

G-Token to Be Issued Through IPO

Jomkwan Kongsakul, SEC’s deputy secretary-general, noted that the government tokens WOULD be issued via an initial coin offering (ICO) portal. The Finance Ministry would serve as the registrar, she said.

The SEC further said that the official launch is scheduled for July this year, and details, including interest rate, maturity, and collateral, will be announced before the launch.

Besides, the regulator held public talks on the regulatory framework of G-Token to gather feedback, with a 15-day window.

“Unlike government bonds or equities, a G-Token is not a debt instrument, and therefore it falls under the Digital Asset Act, not traditional public debt laws,” Jomkwan Kongsakul, deputy secretary-general of the SEC noted.

Investors having digital wallets with authorized crypto exchanges can directly invest in G-Token, the rules read. Meanwhile, for investors using security firms as intermediaries, the firm will keep custody of the token.

Thailand is set to launch $150 million worth of digital investment tokens, marking a step toward financial inclusivity for retail investors. #Thailand #SEChttps://t.co/2akullmpsP

Thailand’s Digital Bond Tokens Tradable on Secondary Market

Jomkwan noted that these tokens can be tradeable on a secondary market. This provides investors “with options to either trade or hold until maturity.”

“This structure offers exit opportunities while maintaining a savings-oriented investment approach,” she added.

The SEC will be responsible for the supervision of G-Token trading in the secondary market. Besides, the regulator will focus on anti-market manipulation measures, trading transparency, and investor protection.