User:
Mishaofweb3Thailand's Finance Ministry will release $150 million worth of government-issued digital tokens to facilitate public investment in the national borrowing plan. The move is among the global trend of countries embracing blockchain-based solutions. Finance Minister Pichai Chunhavajira confirmed the issuance of G-tokens within two months to raise money without issuing debt instruments. The tokens offer Thai citizens an alternative investment with higher returns. The project, fulfilling Bank of Thailand needs, aims to test the appetite of the public and build trust in digital assets. Not functioning as financial obligations, G-tokens provide flexibility in state borrowing under law. Thailand's initiative reflects a global trend towards the use of cryptocurrencies. Dubai and Bhutan, among other countries, are embracing digital payments and crypto alliances as well. Thailand's G-token launch is a significant milestone in the development of finance with the help of blockchain technology, which may be followed by other nations
Source:
https://www.nairaland.com/8424734/thailand-shuns-btc-150-million
That's my first report here
