{"id":658267,"date":"2026-10-27T05:20:16","date_gmt":"2026-10-27T05:20:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/658267\/"},"modified":"2026-10-27T05:20:16","modified_gmt":"2026-10-27T05:20:16","slug":"3-southeast-asian-central-banks-partner-on-cross-border-digital-money-initiative","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/658267\/","title":{"rendered":"3 Southeast Asian central banks partner on cross-border digital money initiative"},"content":{"rendered":"<p>\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2026\/10\/aafp2024092636h84brv1highressi-3207-6684-1793001526.webp\" data-original=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2026\/10\/aafp2024092636h84brv1highressi-3207-6684-1793001526.webp\" data-original-2x=\"https:\/\/vcdn1-english.vnecdn.net\/2026\/10\/26\/aafp2024092636h84brv1highressi-3207-6684-1793001526.webp?w=680&amp;h=408&amp;q=100&amp;dpr=2&amp;fit=crop&amp;s=NKHThA_S7wESZ8ZN0pVwBA\" class=\"vne_lazy_image\" alt=\"3 Southeast Asian central banks partner on cross-border digital money initiative\"\/><\/p>\n<p>\n\t\t\t\t\t\tPeople walk on the boardwalk in front of commercial high rise buildings at Marina Bay in Singapore on Sept. 26, 2024. Photo by AFP\t\t\t\t\t<\/p>\n<p>\t\t\t\tThe central banks of Singapore, Malaysia and Thailand will work with industry players in their respective jurisdictions to develop common approaches for the cross-border use of digital money.\t\t\t<\/p>\n<p class=\"Normal\">The approaches may cover how different forms of digital money can be accepted, exchanged and settled across institutions, networks and jurisdictions, according to a statement last Friday by Singapore&#8217;s central bank, the Monetary Authority of Singapore (MAS).<\/p>\n<p class=\"Normal\">The cooperation will take place under the BLOOM (Borderless, Liquid, Open, Online, Multi-currency) initiative, which was launched and is led by Singapore.<\/p>\n<p class=\"Normal\">The central banks of Malaysia and Thailand have joined the initiative as policymaker members, alongside MAS.<\/p>\n<p class=\"Normal\">The initiative aims to bring together policymakers, financial institutions, payment networks and technology providers to advance the use of digital money in cross-border financial activities.<\/p>\n<p class=\"Normal\">According to the statement, participants will focus on three areas: acceptance and settlement across jurisdictions, interoperability among digital money arrangements, and programmable controls.<\/p>\n","protected":false},"excerpt":{"rendered":"People walk on the boardwalk in front of commercial high rise buildings at Marina Bay in Singapore on&hellip;\n","protected":false},"author":2,"featured_media":658268,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[296288,114,184,85,46],"class_list":["post-658267","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-3-southeast-asian-central-banks-partner-on-cross-border-digital-money-initiative-vnexpress-international","tag-business","tag-economy","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/658267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=658267"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/658267\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/658268"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=658267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=658267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=658267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}