According to Foresight News, the new Thai government is considering issuing utility tokens to support its digital wallet plan, as reported by the Bangkok Post. The plan requires approval from the Bank of Thailand, as the regulatory body currently prohibits the use of tokens as a means of payment. ASPS is expected to issue utility tokens worth 10,000 baht to Thai citizens aged 16 and above. The plan is estimated to require a budget of 560 billion baht. The government is consulting with the Ministry of Finance and the Securities and Exchange Commission on how to issue this type of token and determine the source of funding. Thailand's new Prime Minister, Srettha Thavisin, promised during his April election campaign that if elected and forming a government after the May 14 general election, he would issue digital currency worth 10,000 baht (about $300) to each citizen aged 16 and above.