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BNM, Bank of Thailand join Singapore’s bloom cross-border digital money initiative

SINGAPORE: Bank Negara Malaysia (BNM) and Bank of Thailand (BOT) have joined the Borderless, Liquid, Open, Online, Multi-currency (BLOOM) initiative as policymaker members, said the Monetary Authority of Singapore (MAS) on Friday.

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马来西亚国家银行和泰国银行加入新加坡的“Bloom”跨境数字货币计划

SINGAPORE: Bank Negara Malaysia (BNM) and Bank of Thailand (BOT) have joined the Borderless, Liquid, Open, Online, Multi-currency (BLOOM) initiative as policymaker members, said the Monetary Authority of Singapore (MAS) on Friday.

MAS said that through the initiative, all three central banks will partner with industry players across their respective jurisdictions to develop common approaches for cross-border use of digital money.

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