Thailand’s Ministry of Finance plans to issue $150 million in digital investment tokens

CoinRank News: Thai Finance Minister Pichai Chunhavajira announced that the government plans to issue 5 billion baht (about $150 million) of digital investment tokens G-Token to raise public funds. The issuance is seen as a step to test the waters in the market and explore the application of digital assets in public debt management. Chunhavajira said that investors can participate with smaller amounts and get returns higher than bank deposits. The plan has been approved by the cabinet and marks Thailands further exploration in the field of digital finance. (CoinDesk)