Malaysia and Thailand Join BLOOM Cross-Border Digital Money Initiative

The Central Bank of Malaysia and the Bank of Thailand have joined the BLOOM regional cross-border digital money initiative as policymaker members, according to the Monetary Authority of Singapore, which launched the initiative. The initiative aims to develop cross-border settlement using digital money in cooperation with the industry.

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• The Monetary Authority of Singapore is collaborating with Bank Negara Malaysia, the Bank of Thailand, and the industry to develop cross-border settlement using digital money under the BLOOM project.

  «تتعاون هيئة النقد في سنغافورة وبنك نيجارا ماليزيا وبنك تايلاند مع القطاع الصناعي لتطوير التسوية عبر الحدود بالنقود الرقمية»

  Mondo Visione
• The initiative examines how financial institutions can accept different forms of digital money in cross-border transactions.

  «كيف تقبل المؤسسات المالية أشكالًا مختلفة من النقود الرقمية في المعاملات العابرة للحدود»

  Mondo Visione
• The Central Bank of Malaysia and the Bank of Thailand have joined as policymaker members, the Monetary Authority of Singapore announced.

  «انضم البنك المركزي الماليزي وبنك تايلاند بصفتهما عضوين من صناع السياسات إلى مبادرة BLOOM»

  The Star

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