( October 26, 2026, 07:33 GMT | Official Statement) -- MLex Summary: The Bank of Thailand and Bank Negara Malaysia have joined the Monetary Authority of Singapore's BLOOM initiative to develop common approaches for cross-border transactions using digital money, including tokenized deposits and regulated stablecoins. In a statement on Friday, MAS said the public-private initiative brings together central banks, financial institutions, payment networks and technology providers to improve the acceptance, exchange and settlement of digital money across jurisdictions. Participants will focus on cross-border settlement, interoperability between digital money systems and programmable safeguards, including identity verification, sanctions screening and transaction controls. The initiative aims to develop common implementation frameworks and commercial arrangements to reduce costs and facilitate cross-border transactions.The statement is attached....
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