
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.
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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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