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Thailand to Issue $150M Digital Investment Token Within Two Months
Thailand to Issue $150M Digital Investment Token Within Two Months
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Thailand’s Finance Ministry is set to launch a 5 billion baht ($150 million) digital investment token within the next two months, Finance Minister Pichai Chunhavajira announced. The so-called G-Token will serve as a fundraising tool under the current budget borrowing plan, though officials clarified it is not a debt instrument.
The MOVE follows earlier calls by Thaksin Shinawatra, de facto leader of the ruling Pheu Thai Party, for Thailand to embrace digital asset innovation. The token issuance represents a significant step in institutional adoption of blockchain-based financial instruments in Southeast Asia.
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