Thailand’s ruling party plans to negotiate with the Bank of Thailand to develop a blockchain-based digital wallet and airdrop 10,000 baht (approximately US$285) of “Utility Tokens” to Thai citizens aged 16 and above 🎉 But don’t get too happy too early, these airdrops are not The legal baht funds, which users can only use within four kilometers of their residence, are only valid for six months and cannot be converted into cash or used to repay debts.

It is reported that the plan still needs approval from the Securities and Exchange Commission of Thailand and is expected to require a budget of 560 billion baht. The government is currently consulting with the Treasury Department and the Securities and Exchange Commission on how to issue this type of token and determine where the funding will come from. Do you think this plan will be successful? Welcome to share your opinions in the comment area!