Wire · operational-macro
Singapore's BLOOM Adds Malaysian and Thai Central Banks, but MAS Names No Token
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Fusion42 · 24 October 2026 · Fusion42 review
Malaysia's and Thailand's central banks joined Singapore's BLOOM initiative alongside MAS, expanding the cross-border digital money settlement pilot involving regulated stablecoins and tokenized deposits. Despite the expansion and notable participants like Mastercard and the World Bank Group, MAS did not specify any stablecoin, pilot details, or launch timeline.
This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it between 23 Oct 2026 and 24 Oct 2026.
◆ ◆ The Wire takeaway
You will face more competition and regulation in cross-border digital settlement as larger Asian central banks unite in BLOOM. Build capabilities now to adapt quickly to a multi-token, multi-jurisdictional payment environment that is still undefined but advancing rapidly.
◆ Coverage
2 sources · first reported 23 Oct 2026 · latest 24 Oct 2026
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