Treasury and SEC to Support G-Token with New Announcement

Bangkok: Director of the Office of the Securities and Exchange Commission (SEC) reveals that the Treasury is preparing to issue an announcement along with the SEC to support G-Token, facilitating easy reservations via the Paotang app and brokers representing the trading center.

According to Thai News Agency, Mr. Patchara Anantasilpa, Director of the Public Debt Management Office (PDMO), stated that during the House’s consideration of the amendment of the Digital Asset Act, the SEC Office is set to supervise the Ministry of Finance’s G-Token in the secondary market. The PDMO and the SEC Office are preparing to issue an announcement as a subsidiary law simultaneously to support this approach. The initiative involves a budget of 5 billion baht, with details expected by the end of June 2025.

The G-Token is confirmed to offer higher interest rates than the 150-year savings bonds of the Ministry of Finance by 3.15 percent due to lower costs. There is an expectation of interest from the public and retail investors. Despite G-Token being a digital asset, it is issued by the Ministry of Finance similarly to savings bonds, ensuring safety and security.

The SB plans to open reservations for retail investors via the Paotang app, using a format similar to previous initiatives, with additional reservations available through brokers and trading center representatives. The process is designed to be straightforward and convenient. Upon reaching maturity, which is set between 1.5 to 3 years, the principal will be returned along with interest. This short-term bond duration aims to provide stability and attract interest from retail investors, avoiding the price fluctuations typically associated with cryptocurrencies.