MAS, Bank Negara Malaysia and Bank of Thailand Partner with Industry to Advance Cross-Border Settlement in Digital Money through BLOOM
MAS announced that Bank Negara Malaysia and Bank of Thailand have joined the BLOOM (Borderless, Liquid, Open, Online, Multi-currency) initiative as policymaker members.
Why this matters
This is an organisational announcement that BNM and BOT have joined BLOOM as policymaker members and that new industry participants have been added. It describes a collaborative initiative on cross-border settlement, acceptance, interoperability and programmable controls for digital money such as tokenised deposits...