14.05.2025 15:54
The Thai government has decided to issue a digital investment token worth 5 billion baht. With the project called G-Token, investors will be offered better returns than bank interest rates. The plan announced by Finance Minister Pichai Chunhavajira will be implemented within the next two months. The token will not be a debt instrument but will raise funds under the state budget.
The Asia-Pacific region's cryptocurrency ecosystem is entering a new era. The Thai Ministry of Finance has taken action to offer its citizens an alternative investment opportunity. The G-Token project, approved by the Cabinet, promises higher returns than traditional financial instruments.
Thailand Offers New Investment Opportunity to the Public with Digital Token
The Thai government is making its official entry into the world of cryptocurrency with the G-Token project. According to Finance Minister Pichai Chunhavajira, tokens worth approximately 150 million dollars will be launched in the next two months.
The standout feature of G-Token is that it offers investors higher returns than traditional bank deposits. The project will be used to raise funds from the public under the current budget borrowing plan, but it will not be a debt instrument. This approach is considered a significant step in Thailand's digital finance vision.
This development, following the proposal for a state bond-backed stablecoin by Prime Minister Paetongtarn Shinawatra's father, Thaksin Shinawatra, earlier this year, is a concrete indication of the country's cryptocurrency strategy. Thailand's move could play a pioneering role in the proliferation of state-backed cryptocurrency assets in the Asia-Pacific region.
According to news from January, Thai officials are also considering allowing Bitcoin ETFs to be traded on local exchanges. These developments indicate a shift in the country's approach to cryptocurrency and blockchain technology.