證券交易委員會（SEC）澄清說，即將到來的G-Token不能用作付款手段

G-Token是一種新的數字金融工具，由財政部的公共債務管理辦公室（PDMO）發行。

The Securities and Exchange Commission (SEC) has clarified that the upcoming G-Token cannot be used as a means of payment and the intention is not that it be traded speculatively like other cryptocurrencies.

美國證券交易委員會（SEC）澄清說，即將到來的G-Token不能用作支付手段，意圖並不像其他加密貨幣一樣投機地進行交易。

Rather, the G-Token should be viewed as a savings instrument, offering a new investment class with exit opportunities, an official said yesterday.

一位官員昨天說，相反，G-Token應該被視為一種儲蓄工具，提供帶有退出機會的新投資班。

Jomkwan Kongsakul, deputy secretary-general of the SEC, said the G-Token would be issued through an initial coin offering (ICO) portal selected by the Public Debt Management Office (PDMO) under the Ministry of Finance.

SEC副秘書長Jomkwan Kongsakul表示，G-Token將通過財政部的公共債務管理辦公室（PDMO）選擇的初始硬幣發行（ICO）門戶網站發行。

The Finance Ministry will serve as the registrar for the token issuance, while key details such as collateral, the issuance date, interest rate and maturity period would soon be announced by the ministry.

財政部將擔任令牌發行的註冊服務商，而諸如抵押品，發行日期，利率和成熟期之類的關鍵細節很快將由該部宣布。

The official launch of G-Token is scheduled for July this year.

G-Token的正式發布定於今年7月舉行。

Meanwhile, the SEC held a public hearing on the regulatory framework of G-Token yesterday to collect feedback, which is set to be completed within a 15-day period.

同時，SEC昨天就G-Token的監管框架進行了公開聽證會，以收集反饋，該反饋將在15天內完成。

Investors who already have a digital wallet with an authorised digital asset exchange will be able to invest directly in G-Token. For those investing via securities firms, these intermediaries will keep the custody of the token with the digital wallet operator.

已經擁有具有授權數字資產交換的數字錢包的投資者將能夠直接投資於G-Token。對於那些通過證券公司進行投資的人，這些中介機構將與數字錢包運營商保持令牌的監護權。

The G-Token will also be tradeable on a secondary market, providing investors with options to either trade or hold until maturity. This structure offers exit opportunities while maintaining a savings-oriented investment approach, Ms Jomkwan said.

G-Token也將在二級市場上進行交易，為投資者提供貿易或持有的期權，直到到期為止。 Jomkwan女士說，這種結構提供了出口機會，同時保持了以儲蓄為導向的投資方法。

"Unlike government bonds or equities, a G-Token is not a debt instrument, and therefore it falls under the Digital Asset Act, not traditional public debt laws," she said.

她說：“與政府債券或股票不同，g token不是債務手段，因此它屬於《數字資產法》，而不是傳統的公共債務法。”

In another interview, SEC secretary-general Pornanong Budsaratragoon said the regulator will supervise G-Token trading in the secondary market, focusing on anti-market manipulation measures, trading transparency and investor protection.

SEC秘書長Pornanong Budsaratragoon在另一次採訪中說，監管機構將監督二級市場的G-Token交易，重點是反市場操縱措施，貿易透明度和投資者保護。

Digital asset exchanges will be required to implement market surveillance systems, display warning signals and provide indicative pricing to support investor decisions and facilitate arbitrage. Exchanges may also appoint market makers to enhance liquidity.

將需要數字資產交易所來實施市場監視系統，顯示警告信號並提供指示定價以支持投資者的決策並促進套利。交易所還可以任命做市商來提高流動性。

G-Token is the world's first government-issued digital token. It is a debt instrument issued by the Ministry of Finance and contributes to the national debt, falling under the public debt ceiling.

G-Token是世界上第一個由政府發行的數字代幣。這是財政部發行的債務工具，並歸因於國債，屬於公共債務上限。

"We want to ensure that G-Token serves as a useful, technology-driven investment innovation -- not merely a speculative tool. It must offer proper investment options, exit strategies and investor protection," Mrs Pornanong said, adding that the token should be seen as a form of savings.

Pornanong夫人說：“我們要確保G-Token是一種有用的，技術驅動的投資創新 - 不僅是投機工具。它必須提供適當的投資選擇，退出策略和投資者的保護。”

Ms Jomkwan said again that G-Tokens cannot be used for direct payments. Trading will be restricted to listed exchanges, with no provisions for transferring tokens out of the exchange or across exchanges. These controls will be enforced via smart contract mechanisms.

喬姆旺女士再次說，G-Tokens不能用於直接付款。交易將僅限於上市的交易所，而沒有將令牌從交易所或跨交易所轉移的規定。這些控件將通過智能合同機制執行。