证券交易委员会（SEC）澄清说，即将到来的G-Token不能用作付款手段

G-Token是一种新的数字金融工具，由财政部的公共债务管理办公室（PDMO）发行。

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.

美国证券交易委员会（SEC）澄清说，即将到来的G-Token不能用作支付手段，意图并不像其他加密货币一样投机地进行交易。

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

一位官员昨天说，相反，G-Token应该被视为一种储蓄工具，提供带有退出机会的新投资班。

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副秘书长Jomkwan Kongsakul表示，G-Token将通过财政部的公共债务管理办公室（PDMO）选择的初始硬币发行（ICO）门户网站发行。

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.

财政部将担任令牌发行的注册服务商，而诸如抵押品，发行日期，利率和成熟期之类的关键细节很快将由该部宣布。

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

G-Token的正式发布定于今年7月举行。

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.

同时，SEC昨天就G-Token的监管框架进行了公开听证会，以收集反馈，该反馈将在15天内完成。

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.

已经拥有具有授权数字资产交换的数字钱包的投资者将能够直接投资于G-Token。对于那些通过证券公司进行投资的人，这些中介机构将与数字钱包运营商保持令牌的监护权。

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也将在二级市场上进行交易，为投资者提供贸易或持有的期权，直到到期为止。 Jomkwan女士说，这种结构提供了出口机会，同时保持了以储蓄为导向的投资方法。

"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.

她说：“与政府债券或股票不同，g token不是债务手段，因此它属于《数字资产法》，而不是传统的公共债务法。”

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秘书长Pornanong Budsaratragoon在另一次采访中说，监管机构将监督二级市场的G-Token交易，重点是反市场操纵措施，贸易透明度和投资者保护。

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.

将需要数字资产交易所来实施市场监视系统，显示警告信号并提供指示定价以支持投资者的决策并促进套利。交易所还可以任命做市商来提高流动性。

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是世界上第一个由政府发行的数字代币。这是财政部发行的债务工具，并归因于国债，属于公共债务上限。

"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夫人说：“我们要确保G-Token是一种有用的，技术驱动的投资创新 - 不仅是投机工具。它必须提供适当的投资选择，退出策略和投资者的保护。”

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.

乔姆旺女士再次说，G-Tokens不能用于直接付款。交易将仅限于上市的交易所，而没有将令牌从交易所或跨交易所转移的规定。这些控件将通过智能合同机制执行。