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Singapore, Malaysia and Thailand to develop common approaches for cross-border digital money

SINGAPORE: The central banks of Singapore, Malaysia and Thailand will work with industry players in their respective jurisdictions to develop common approaches for the cross-border use of digital money, the Monetary Authority of Singapore (MAS) said on Friday.

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新加坡、马来西亚和泰国将制定跨境数字货币的共同方案

SINGAPORE: The central banks of Singapore, Malaysia and Thailand will work with industry players in their respective jurisdictions to develop common approaches for the cross-border use of digital money, the Monetary Authority of Singapore (MAS) said on Friday.

The approaches may cover how different forms of digital money can be accepted, exchanged and settled across institutions, networks and jurisdictions, MAS said in a statement.

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