PANews reported on May 27 that according to Thai Publica, the Thai SEC held a public hearing on the standards of the government digital token (G-Token). For regulatory clarity, the SEC designated G-Token as a digital token under the Digital Assets Act, which will be regulated by the SEC, and stipulated that G-Tokens cannot be used as a means of payment.

Earlier news , the Thai Ministry of Finance announced that it would issue a new digital investment token G-Token worth 5 billion baht (about 150 million US dollars) within two months. The plan has been approved by the cabinet, and Finance Minister Pichai said at a briefing that this is a digital tool for raising funds from the public, but it is not a debt security. The Minister of Finance said that the first 5 billion baht issuance is intended to "test market reactions" and emphasized that the product is in full compliance with the regulatory requirements of the Bank of Thailand. Investors can participate with small amounts of funds, and the expected returns will be higher than the bank's deposit rate of 1.25%-1.5%. The Bank of Thailand cut its benchmark interest rate to a two-year low of 1.75% in April.