Bangkok: SEC prepares to coordinate with the Treasury to implement G-Token using financial technology to promote savings and investment for the public and investors.
According to Thai News Agency, Mrs. Pornanong Busaratrakul, Secretary-General of the Securities and Exchange Commission (SEC), stated that the government’s digital token, known as G-Token, aligns with the policy to leverage financial technology for enhancing savings channels and improving people’s access to investments, which also aligns with the SEC’s policy direction.
G-Token, as described in the Cabinet resolution, is a unit representing rights specified in the agreement between the Ministry of Finance and the holder. It may be classified as a digital asset under the supervision of the Digital Asset Business Act B.E. 2561. To achieve Financial Inclusion and ensure appropriate supervision, the SEC plans to collaborate with the Ministry of Finance to handle relevant aspects, aiming to maximize benefits for investors and the public.