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Thailand Plans to Issue Around $1.48 Billion in Tokenized Government Bonds by October

BlockBeats News, February 23, According to Ledger Insights report, Thai Finance Minister Pichai Chunhavajira stated that the government plans to directly issue 5 billion Thai baht (about $148 million) in government bonds to the public before the end of this fiscal year (September 30). The initial issuance will be considered a sandbox project and can be traded on a digital bond platform, which may be the digital bond trading system being prepared by the Thai Securities and Exchange Commission.

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A total of $1 billion of bonds will be issued on the Liquid Network side chain of Blockstream.
The declaration said that while stepping up preparations for the licensing system for new virtual asset service providers, it was willing to contact the global virtual asset industry to invite relevant trading platforms to explore business opportunities i
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