Bank Negara Malaysia and the Bank of Thailand Join the MAS-led BLOOM Initiative
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AI-assisted source synthesis · not an independent investigation.
On October 23, 2026, Fintech News Singapore reported that Bank Negara Malaysia (BNM) and the Bank of Thailand (BOT) had joined the Monetary Authority of Singapore (MAS)-led BLOOM initiative as policymaker members of the initiative. The report stated that the three central banks would work with industry to develop common arrangements for the cross-border acceptance, conversion, and settlement of digital currencies. The report did not provide details on the initiative’s previous progress, the arrangements, or the implementation timeline, nor did it indicate whether the common arrangements had already been developed; the progress disclosed so far is that the central banks of Malaysia and Thailand have joined and will subsequently participate in cooperation with industry.
AI-written from reports · updated 4 hours ago
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- Fintech News SingaporeMalaysia and Thailand’s central banks join MAS-led BLOOM initiative
Bank Negara Malaysia (BNM) and the Bank of Thailand (BOT) have joined the Monetary Authority of Singapore (MAS)’s BLOOM initiative as policymaker members. The three central banks will work with industry to develop common approaches for the acceptance, conversion and settlement of cross-border digital currencies.
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