According to PANews, Thailand’s Securities and Exchange Commission (SEC) recently held a public hearing on standards for government-issued digital tokens, or G-Tokens. The SEC plans to classify G-Tokens as digital tokens under the Digital Asset Act, placing them under its regulatory scope. Notably, G-Tokens will not be permitted for use as a payment method.

Earlier, the Thai Ministry of Finance announced its intention to issue 5 billion baht (approx. $150 million) in digital investment tokens within two months. Approved by the cabinet, these tokens are aimed at public fundraising and are distinct from traditional debt instruments. Finance Minister Pichet emphasized that this initial issuance is a market trial and fully complies with Bank of Thailand regulations.