Thailand's Ministry of Finance to Issue Tokenized Government Bonds in Partnership with Crypto Exchange KuCoin

On the 27th, cryptocurrency exchange KuCoin announced that it has been selected as a primary partner for the 'G-Token', a tokenized government bond issued by Thailand's Ministry of Finance. KuCoin Thailand will be among the first cryptocurrency exchanges to support the subscription, redemption, and listing of the G-Token. The exchange will collaborate with digital finance companies SIX Network, Krungthai Xpring, and XSpring Digital to advance this initiative. Subject to regulatory approval, the G-Token is also expected to be listed on the global version of KuCoin. The G-Token (government digital bonds) is an initiative by the Thailand Ministry of Finance under the Public Debt Management Act...