Thailand Embraces Blockchain Finance with $150 Million G-Token Issue Amidst China’s Crypto Crackdown

Thailand has taken a significant step forward in its push for blockchain adoption, issuing a landmark $150 million digital government bond on the blockchain. This move comes at a time when China is intensifying its scrutiny of crypto assets, particularly offshore activities. While Thailand’s G-Token initiative aims to facilitate public finance using blockchain technology, China’s aggressive tax audits underscore a regulatory approach that could impact investor behavior.