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Southeast Asian Nations Unite with Singapore to Enhance Cross-Border Digital Currency Initiatives

Southeast Asian Nations Unite with Singapore to Enhance Cross-Border Digital Currency Initiatives

Malaysia and Thailand Join Singapore’s BLOOM Digital-Money Initiative
Malaysia and Thailand Join Singapore’s BLOOM Digital-Money Initiative

The expanded participant group includes Visa, Mastercard and the World Bank Group, with work focused on cross-border settlement frameworks and interoperability.... Read the full story at The Defiant

Malaysia, Thailand join Singapore’s cross-border stablecoin push
Malaysia, Thailand join Singapore’s cross-border stablecoin push

BLOOM seeks to cut costs by helping financial institutions coordinate cross-border use of stablecoins and tokenized deposits.

Singapore, Malaysia and Thailand Partner on Cross-Border Digital Money Settlement
Singapore, Malaysia and Thailand Partner on Cross-Border Digital Money Settlement

Singapore's MAS, Malaysia's BNM, and Thailand's BOT are partnering on BLOOM, a cross-border digital money settlement initiative.

Malaysia and Thailand Central Banks Join Singapore’s BLOOM as Roster Hits 24 Firms
Malaysia and Thailand Central Banks Join Singapore’s BLOOM as Roster Hits 24 Firms

Maybank, one of nine new BLOOM participants, already runs one of Bank Negara Malaysia's three ringgit stablecoin and tokenized deposit pilots, while Thailand's Kasikornbank was in the group before...

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