Thailand to issue ”digital investment tokens” for individual investors within two months

The Thai Ministry of Finance plans to issue digital investment tokens worth approximately $150 million within the next two months.
According to foreign media such as Bloomberg, on the 13th (local time), Pichai Chunha of Thailand
"The token issue is being promoted as part of the government's budget borrowing plan, and aims to provide investors with a higher rate of return than bank deposits," Finance Minister Vajira said in a press conference today.
The plan has reportedly been approved by the Cabinet. The digital asset will be launched under the name "G-Token" and will be different from traditional credit or debt instruments.
The move will be a way to raise public funds through a non-debt form, the finance ministry said.
Thaksin Shinawatra, the father of former Prime Minister Shinawatra, said, "We must consider issuing stable coins backed by government bonds.
This came after he suggested that it should not be done.