๐น๐ญ๐ธ Thailandโs Finance Ministry ๐ข new digital investment token ๐ฐ 5B baht (~$150M) ๐ in next 2 months ๐ after cabinet โ .
Finance Minister Pichai Chunhavajira ๐ฃ๏ธ at press conference ๐บ: new asset = โG-Tokenโ ๐.
G-Token = digital token ๐ฑ to raise public funds ๐ต under budget borrowing plan ๐. But, per Debt Management GM Patchara Anuntasilpa, *not* a debt instrument ๐ซ.
This digital asset push ๐ follows Thaksin Shinawatraโs (๐จโ๐ง PM Paetongtarnโs dad & Pheu Thai Party leader) Jan call for stablecoins ๐ช backed by gov bonds ๐. Thailand joins Asian countries ๐ shifting to pro-crypto policies by 2025, influenced by U.S. Pres. $TRUMP โs crypto-friendly stance ๐ฝ๐ธ.
Minister Pichai: G-Token lets investors ๐ธ start small & earn *higher* profits ๐ than bank deposit rates ๐ฆ (1.25%-1.5% for 12-month deposits). Bank of Thailandโs policy rate โฌ๏ธ to 1.75% in April, lowest in 2 years ๐.
*Not investment advice ๐จ.*
