Thailand to tokenize $150M government bonds for retail investors: Report

Thailand’s Ministry of Finance reportedly plans to issue $150 million worth of digital investment tokens, allowing retail investors to buy government bonds. The Bangkok Post reported on May 13 that Finance Minister Pichai Chunhavajira announced the initiative at a briefing after the cabinet endorsed the plan. He added that the tokens will be launched within the next two months. The so-called “G-tokens” will be used to raise funds from the public under the current budget borrowing plan, said Patchara Anuntasilpa, director-general of the Public Debt Management Office source: https://cointelegraph.com/news/thailand-tokenize-150-million-government-bonds?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound