BNM and BOT collaborate with MAS on cross-border digital money settlement

A MAS initiative aims to bring policymakers together with banks, payment networks and tech providers to develop standards for cross-border tokenised deposits and stablecoins.
BNM and BOT collaborate with MAS on cross-border digital money settlement

The Monetary Authority of Singapore (MAS), Bank Negara Malaysia (BNM) and Bank of Thailand (BOT) are partnering with financial institutions and technology companies to develop interoperable arrangements for cross-border settlement using digital money.

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