Pheu Thai Party Promises 10,000 Baht Digital Currency for Thai Citizens

The Pheu Thai Party, Thailand’s largest political party, has recently announced that it will provide 10,000 baht in digital currency to all Thai citizens if it wins the upcoming election. This promise has been met with both excitement and skepticism from the Thai public.

The digital currency, called “Pheu Thai Coin”, will be issued through a blockchain-based platform and will be available to all Thai citizens over the age of 18. It is intended to be used as a form of payment for goods and services, as well as a store of value. The Pheu Thai Party believes that this digital currency will help to reduce poverty and inequality in Thailand, as well as promote financial inclusion.

The Pheu Thai Party has also promised to create a regulatory framework for the use of digital currencies in Thailand. This would include measures to ensure the safety and security of users, as well as measures to prevent money laundering and other financial crimes. The party also plans to establish a digital currency exchange in Thailand, which would allow users to buy and sell digital currencies.

The Pheu Thai Party’s promise of 10,000 baht in digital currency has been met with both excitement and skepticism from the Thai public. Supporters of the party believe that this digital currency could help to reduce poverty and inequality in Thailand, while skeptics are concerned about the potential for money laundering and other financial crimes.

Overall, the Pheu Thai Party’s promise of 10,000 baht in digital currency is an ambitious plan that could have a major impact on the Thai economy. If implemented correctly, it could help to reduce poverty and inequality in Thailand, while also promoting financial inclusion. However, it is important that the party creates a robust regulatory framework to ensure the safety and security of users, as well as measures to prevent money laundering and other financial crimes.