Malaysia, Thailand central banks join Singapore's BLOOM digital money project
The Monetary Authority of Singapore said Bank Negara Malaysia and the Bank of Thailand have joined BLOOM, its initiative for cross-border settlement using tokenized bank deposits and regulated stablecoins, as policymaker members. Visa, Mastercard, Ripple, Nium, Airwallex and Maybank are among the new industry participants, and the World Bank Group also signed on. The announcement did not name a specific token, payment corridor or launch date. Source: The Block